Bitcoin Price Slid Down To $118,000 After Surpassing Google’s Market Cap
Bitcoin MagazineBitcoin Price Slid Down To $118,000 After Surpassing Google’s Market Cap Bitcoin price retreated to $118,000 after reaching an all-time high of $124,283 and briefly surpassing Google parent Alphabet's market cap with a $2.46 trillion valuation compared to Alphabet's $2.448 trillion. This post Bitcoin Price Slid Down To $118,000 After Surpassing Google’s Market Cap first appeared on Bitcoin Magazine and is written by Vivek Sen.
Bitcoin Magazine
Bitcoin Price Slid Down To $118,000 After Surpassing Google’s Market Cap
Bitcoin price experienced a significant pullback to $118,000 after briefly surpassing Google parent Alphabet’s market capitalization to become the world’s fifth-largest asset, highlighting Bitcoin’s growing institutional prominence despite continued volatility.
Bitcoin price reached an all-time high of $124,283 in early Asian trading on Thursday, pushing its market capitalization to $2.46 trillion and temporarily overtaking Alphabet’s $2.448 trillion valuation. However, the milestone was followed by a sharp correction as traders took profits and U.S. inflation data triggered broader market uncertainty.
The recent surge and subsequent correction demonstrate Bitcoin’s maturing market dynamics. While volatility remains a factor, institutional participation is creating more robust price support levels.
JUST IN: #Bitcoin overtakes Google’s market cap to become the fifth-largest asset.
Apple is next 
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