Bitcoin Surpasses $124,000, Becomes World’s Fifth-Largest Asset

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Written by Nausheen Thusoo Updated:
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Reviewed By Reviewed By Rekha Sharma

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Bitcoin topped $124,000 mark earlier in the trading day, hitting a new all-time high and even surpassing Google’s market cap. BTC momentarily became the 5th-largest asset in the world with a valuation of over $2.4 trillion. The surge can mainly be attributed to by rising institutional interest and supportive regulations. Other cryptocurrencies joined the rally, reflecting renewed confidence in digital assets and strong momentum across the crypto market during this historic moment.

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Written by Nausheen Thusoo Multimedia Journalist at Times Crypto

A crypto and finance journalist with over three years of experience turning complex market trends into stories that anyone can understand. With a strong background in covering business, finance, and digital assets, Nausheen has contributed to global media outlets including Reuters and CoinGape. Passionate about the fast-moving world of blockchain and emerging tech, she blends sharp analysis with clear storytelling, making insights valuable for both new readers and seasoned investors.