As of December 2024, here’s the current ranking of top global assets by market capitalization (data sourced from Companies Market Cap):
| Rank | Asset Name | Market Cap (Trillions USD) | Current Price (USD) | Country |
|---|---|---|---|---|
| 1 | Gold | 18.0 | 2,684 | Global |
| 2 | Apple | 3.7 | 247 | USA |
| 3 | NVIDIA | 3.5 | 144 | USA |
| 4 | Microsoft | 3.3 | 449 | USA |
| 5 | Amazon | 2.4 | 2325 | USA |
| 6 | Alphabet (Google) | 2.2 | 1811 | USA |
| 7 | Bitcoin (BTC) | 2.0 | 102,000 | Global |
| 8 | Saudi Aramco | 1.8 | 168 | Saudi Arabia |
| 9 | Silver | 1.7 | 31 | Global |
| 10 | Meta (Facebook) | 1.6 | 636 | USA |
Can Bitcoin Overtake Alphabet and Amazon?
Bitcoin’s Current Position
Bitcoin ranks #7, with a market capitalization of $2.0 trillion. This places it behind Amazon ($2.4 trillion) and Alphabet ($2.2 trillion). Bitcoin is within striking distance, particularly with its significant momentum following the 2024 halving and the approval of spot Bitcoin ETFs.
To Beat Amazon
- Amazon’s Market Cap: $2.4 trillion
- Bitcoin would need to increase by 20% (approximately $400 billion).
- This may happen if Bitcoin’s price rises to $125,000–$130,000 per BTC, assuming current supply and market conditions hold steady.
To Beat Alphabet
- Alphabet’s Market Cap: $2.2 trillion
- Bitcoin would need to grow by 10% (approximately $200 billion), making it more achievable. A Bitcoin price of $112,000–$115,000 per BTC could help it surpass Alphabet.
Factors Supporting Bitcoin’s Growth
- Institutional Adoption: With the approval of ETFs and large-scale adoption by financial firms, Bitcoin’s utility as an investment tool has increased.
- Supply Scarcity: The April 2024 halving has reduced the block reward, adding to the scarcity and potential price increases.
- Global Uncertainty: Bitcoin thrives in times of financial instability, offering an alternative to fiat and traditional assets.
Challenges
- Regulation: Governments worldwide could introduce stringent crypto regulations, slowing growth.
- Market Volatility: Cryptocurrency markets are prone to sharp corrections, potentially impacting Bitcoin’s rise.
- Competition from Altcoins: Alternative cryptocurrencies with advanced features could divert investor interest.
Conclusion
Bitcoin has a strong chance of surpassing Alphabet in market capitalization and potentially challenging Amazon by the end of December 2024. However, achieving these milestones depends on sustained institutional adoption, favorable regulations, and continued market momentum.
For real-time updates and live market data, visit Companies Market Cap.
