Bitcoin's Market Cap Surpasses Google's
Bitcoin's Market Cap Tops Google's, Again
For the third time in 2025, Bitcoin's market capitalization has exceeded that of Alphabet Inc. (Google's parent company). This achievement underscores Bitcoin's recent robust performance, fueled by its price reaching $100,000 and positive legislative developments in the US.
Matthew Sigel, Head of Digital Assets Research at VanEck, views Bitcoin's outperformance of tech giants as significant. He interprets it as a sign that the investment world is increasingly recognizing Bitcoin's value proposition.
Bitcoin's Rise and the Traditional Tech Sector
2025 has been a strong year for Bitcoin, prompting celebration within the crypto community and raising awareness in the traditional tech sector. On [Date], Bitcoin's market cap reached $2.13 trillion, surpassing Alphabet's by $30 billion. While the difference is relatively small, its repeated occurrence (previously in April and May) is noteworthy, establishing Bitcoin among the top global assets.
Largest companies by market capitalization. Source: CompaniesMarketCap.
The positive momentum extends to crypto equities.
Crypto Equities Rally on Legislative Wins
Companies in the blockchain sector have seen significant stock gains. Coinbase's shares rose 53% year-to-date, reaching a high of $379. Other crypto-related stocks, including those of MicroStrategy (a major Bitcoin holder), and mining firms like Riot and Marathon Digital Holdings, also experienced gains as Bitcoin's price surged.
Coinbase stock price. Source: Google Finance
The US Senate's approval of the GENIUS Act further boosted sentiment. This legislation marks a shift towards pro-crypto policies, creating a more favorable regulatory environment.
Sigel believes the increase in crypto stock values reflects a significant improvement in Bitcoin's reputation, solidifying its status as a viable investment.
“Crypto equities are rallying because Wall Street finally gets it: the picks-and-shovels of the onchain economy are no longer science experiments. They’re tollbooths on a new financial superhighway,” he stated.
Bitcoin's Growing Prominence
Sigel's perspective connects Bitcoin's success to his past criticism of large tech companies' market power and societal influence. He highlights Bitcoin's decentralized nature and its potential to offer users more freedom and autonomy compared to centralized platforms.
Sigel’s first Bitcoin purchase. Source: Matthew Sigel.
“As for Bitcoin flipping Google, what poetic justice. One sells your data, the other sells you freedom. In a world drowning in surveillance and debt, investors are opting for scarcity and autonomy,” he commented.
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Disclaimer: This article presents opinions and perspectives from industry experts. BeInCrypto is dedicated to transparent reporting, but the views expressed do not necessarily reflect those of BeInCrypto or its staff. Readers should verify information independently and consult with a professional before making decisions based on this content.