Bitcoin, the top digital currency, surpasses Google in terms of market capitalization and is currently the sixth largest asset in the world.
Bitcoin is currently valued at $2.128 trillion, beating Google for just $2.075 trillion, ranking just below Gold, Nvidia, Microsoft, Apple and Amazon.
The expansion of BTC adoption has contributed to an increase in market capitalization
Bitcoin’s market capitalization rose after the launch of the Spot ETF, following the massive adoption of institutions. The US Securities and Exchange Commission’s ETF approval has led to a significant capital inflow from institutional players around the world.
As of June 9th, BlackRock’s ISHARES BITCOIN TRUST (IBIT) is the largest fund trading on the BTC exchange on the market, drawing in over $70 billion in T.Similar assets are growing faster than any other ETF. Fidelity’s FBTC ranked second with $20 billion, while Grayscale’s GBTC ranked third with just under $20 billion.
President Donald Trump’s support for Bitcoin is driving asset status and promoted adoption. During the campaign era, he hinted at Bitcoin Reserve and signed an executive order when he took office. He also signed an executive order to establish a stockpile of digital assets.
Analysts now believe that BTC can easily exceed $200,000 in the coming years.
As this growth trend continues, Bitcoin will approach Microsoft and Nvidia, particularly if the US maintains its pro-Bitcoin approach, and even become the biggest asset of all time.
In the Bitcoin Magazine Podcast in April, Zach Shapiro, the policy director for a Bitcoin-centric BPI think tank, claimed that a US government purchase of 1 million BTC would have a major impact on the price of the asset.
He said, “If the US announces it is buying 1 million bitcoins, it’s just a global earthquake shock. (…) First of all, I think Bitcoin prices will go through the roof.
Matthew Hines, executive director of BPI, also claimed he was looking closely to see how the US approaches Bitcoin before other countries form policies. Hines added that the Trump administration’s desire to make the US a BTC superpower will ask how much they will hold.
The UK CMA is researching the alphabet with a focus on Google’s search and advertising services
Alphabet is working to scrutinize regulations, antitrust probes, and lower digital advertising revenues. The company also deals with fierce competition from its AI-focused rivals, threatening to reverse the dominance of AI-driven advertising tools such as Performance Max and its generative search overview.
Google is still anti-trust investigations in the UK and EU. The UK Competitive Markets Agency (CMA) is currently reviewing Google’s search and advertising services under the Digital Markets, Competitive and Consumer Act to determine whether a company should be granted a Strategic Market Situation (SMS).
The CMA roadmap includes early priorities, including requesting selection screens for users to access a variety of search providers, ensuring fair ranking principles for businesses, increasing transparency in publishers’ content, and enabling consumer data portability to drive innovation.
Meanwhile, the European Union is also considering an outline of AI under the Digital Markets Act (DMA), supporting content owned by Google and claiming it is diverting traffic from third-party websites. AHREFS research shows that AI overviews can cause almost 35% DIP on clicks on organic websites, which can lower publishers’ advertising revenue.
If the EU finds an AI overview and Google’s fault, the tech giant will be fined and owed to pay the fine.
