Key Points
- Bitcoin surpassed Amazon, silver, and Google, taking the 5th position in top assets by market cap.
- Today, BTC reclaimed $93,000 for the 1st time since March.
In the past few days, Bitcoin recorded a price rally that took the digital asset above $93,000 today, for the first time since the beginning of March.
Bitcoin is now placed in the 5th position in the top of the world assets ranked by market cap.
Bitcoin Ranked as the 5th Most Valuable Asset in the World
With a market cap above $1,861 trillion, Bitcoin surpassed Google, silver, and Amazon, ranking fifth in the list of the world’s assets by market cap.
The next target is Nvidia, which currently has a market cap above $2,4 trillion.
Bitcoin debuted a significant price rally on Easter, on April 20, topping $93,000 today.
Bitcoin Surpassed $93,000
At the moment of writing this article, BTC is trading above $93,000, up by more than 6% in the past 24 hours.
On April 20, BTC was trading above $84,000 levels, and its price surged above $88,000 on April 21, only to continue its bullish moves and reach current price levels.
Bitcoin’s price surge was catalyzed by multiple factors, including renewed interest in BTC ETFs, continued BTC acquisitions by Strategy₿, and Bitcoin supporter Paul Atkins taking on his role as the new SEC Chair in the US.
Bitcoin Price Catalysts
Yesterday, April 22, the US BTC ETFs recorded their third consecutive day of inflows at over $936 million.
This was the highest inflow day in the crypto products since January 17, marking renewed interest from institutional investors.
On April 22, the highest inflows in BTC ETFs were in Ark Invest and 21 Shares’ ARKB, with more than $267 million, followed by Fidelity’s FBTC, which recorded almost $254 million in inflows.
IBIT recorded almost $193,5 million in inflows. None of the BTC ETFs in the US recorded outflows yesterday.
This week began on a bullish note with Michael Saylor announcing on April 21 that Strategy₿ has bought more Bitcoin for over $555 million at $84,785 per coin. The company raised its BTC holdings to 538,200 BTC, currently worth over $50,3 billion.
$MSTR has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved BTC Yield of 12.1% YTD 2025. As of 4/20/2025, @Strategy holds 538,200 $BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin. https://t.co/YxUq6mHzca
— Michael Saylor (@saylor) April 21, 2025
Another bullish event for Bitcoin and the entire industry is Paul Atkins being sworn into office as the 34th Chairman of the SEC.
Paul S. Atkins was sworn into office as the 34th Chairman of the Securities and Exchange Commission. https://t.co/UF2qmAwb8P pic.twitter.com/7ekU3TUDEM
— U.S. Securities and Exchange Commission (@SECGov) April 22, 2025
The new SEC Chair said that Bitcoin and crypto will be his top priority, with a strong, rational, and coherent regulatory foundation, fueling more optimism in the industry.
