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Bitcoin flips Amazon’s $2.3T market cap to become 5th global asset

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 10 Views

Bitcoin became the world’s fifth-largest asset by market capitalization on Monday, driven by a seven-day buying streak from US spot Bitcoin ETFs.

Update July 14, 9:33 a.m. UTC: This article has been updated to include quotes from Brickken’s market analyst.

Bitcoin has become the world’s fifth-largest asset, overtaking Amazon by market capitalization.

Bitcoin (BTC) price rose to a new all-time high of $122,600 on Monday and has soared nearly 13% over the past week, as Cointelegraph reported.

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