Bitcoin has once again made headlines by securing a place among the world’s five most valuable assets by market capitalization. According to data from CompaniesMarketCap as of Wednesday, April 23, Bitcoin now holds a market cap of USD 1.87 trillion, surpassing global tech giants Alphabet (Google) and Amazon, as well as the precious metal silver.

Bitcoin currently ranks just below NVIDIA, which boasts a market capitalization of USD 2.412 trillion. Alphabet has slipped just behind Bitcoin with a market cap of USD 1.859 trillion, followed by silver at USD 1.849 trillion and Amazon at USD 1.837 trillion.

This leap places Bitcoin as the only digital asset within the global top ten, cementing its strategic position in the modern financial landscape. Oscar Darmawan, CEO of Indonesian crypto exchange Indodax, described the milestone as a strong global signal that Bitcoin is no longer seen as an experimental asset.

“This is global validation that Bitcoin is now one of the most valuable assets in the world. It has not only surpassed Amazon and Google but also outpaced silver,” Oscar said in a statement released Friday, April 25, 2025.

He emphasized that Bitcoin’s rise in market capitalization didn’t happen overnight. The cryptocurrency, currently trading at around USD 94,000—up over 16.5% in the past 30 days—reflects growing confidence from investors around the world.

Above Bitcoin, the top four assets by market capitalization are gold (USD 22.344 trillion), Apple (USD 3 trillion), Microsoft (USD 2.726 trillion), and NVIDIA (USD 2.412 trillion). Bitcoin’s inclusion among these conventional heavyweights—dominated by precious metals and tech stocks—underscores its growing legitimacy in global finance.

“The gap between Bitcoin and Alphabet is just around USD 11 billion, with silver at USD 21 billion, and Amazon at USD 33 billion. This doesn’t just show Bitcoin’s dominance but also highlights its increasing appeal over time,” Oscar added.

He noted that this achievement is a pivotal moment in Bitcoin’s journey toward broader adoption. “We’re observing a positive trend in the Indonesian market. The number of active Indodax users continues to rise, and transaction volumes are climbing. Bitcoin is no longer just a hedge—it’s a rational and modern part of any diversified asset strategy,” he stated.

This surge in value also signals that global society is beginning to understand Bitcoin’s role not just as a medium of exchange but as a long-term store of value. This is particularly evident in how financial institutions are starting to incorporate Bitcoin into their investment portfolios.