📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
On July 14, 2025, the Crypto Assets sector reached a milestone moment. The price of Bitcoin broke through the $120,000 mark, reaching an astonishing $122,600, driving its total market capitalization to $2.42 trillion. This staggering figure not only surpassed tech giant Amazon (approximately $2.3 trillion) but also exceeded the market capitalization of silver (approximately $2.2 trillion) and Alphabet (Google's parent company, approximately $2.19 trillion).
This breakthrough propelled Bitcoin to become the fifth largest asset globally, only behind Apple, Microsoft, gold, and Saudi Aramco. Notably, this is not the first time Bitcoin has surpassed Amazon. As early as May 8 of the same year, Bitcoin briefly surpassed Amazon, with a market capitalization of $2.034 trillion, while Amazon was approximately $2.012 trillion.
Bitcoin's achievement not only demonstrates the enormous potential of the Crypto Assets market but also reflects the growing confidence of investors in digital assets. As Bitcoin continues to challenge traditional financial systems, its performance will undoubtedly spark more discussions about the future role and potential impact of digital currencies.
However, we should also recognize that the high volatility of the crypto assets market means that this ranking can change rapidly. Investors should remain cautious when participating, fully understand the relevant risks, and be prepared for risk management. Nevertheless, this breakthrough in Bitcoin's market capitalization is undoubtedly an important milestone in the development of crypto assets, and it is worth our close attention to its future direction.