Bitcoin Becomes Fifth-Largest Asset, Surpasses Amazon
Bitcoin Becomes Fifth-Largest Asset, Surpasses Amazon

Bitcoin Becomes Fifth-Largest Asset, Surpasses Amazon

News summary

Bitcoin has reached a new all-time high above $122,000, becoming the world's fifth-largest asset by market capitalization and surpassing Amazon, now only trailing gold, Nvidia, Microsoft, and Apple. The surge is largely fueled by over $3.7 billion in institutional ETF inflows in the past week, along with positive U.S. policy signals and anticipated favorable crypto legislation. Analysts predict Bitcoin could rise further, with medium-term targets between $133,000 and $160,000, and some forecasts reaching $200,000 by 2026. Satoshi Nakamoto, Bitcoin's pseudonymous creator, is now estimated to be the 11th-richest person globally, with a fortune of $129–134 billion based on his untouched 1.1 million BTC holdings. Despite this, Forbes does not officially recognize Nakamoto's wealth due to the theoretical and unverified nature of the holdings. The ongoing mystery around Nakamoto’s identity continues to intrigue as Bitcoin's mainstream status solidifies.

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68e7fc5e-537b-4887-b796-fbd29c3156181d047b27-d4f4-45ed-bbd2-756dae2e1d47
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2
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0
Center
1
Right
1
Unrated
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Last Updated
2 days ago
Bias Distribution
50% Center
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