Bitcoin just rewrote history — and the next chapter could be even wilder.
On Thursday, the original cryptocurrency soared to $124,457, becoming briefly more valuable than Google’s $2.45 trillion market cap (Financial Times, Yahoo Finance). That places Bitcoin as the fifth-largest asset worldwide. As of now, it remains above $119,000, moving markets globally (Reuters, Financial Times).
Crypto figures didn’t hold back:
“It’s only Wednesday and we already have a Bitcoin all-time high,” posted Gemini co-founder Tyler Winklevoss on [X].
Investor Kyle Chassé called it “the best week for Bitcoin,” while Taproot developer Udi Wertheimer speculated BTC could flip Apple’s market value by month’s end (Financial Times).
The Apple Flippening Dream
Analysts now eye $175,000 as the level where Bitcoin could eclipse Apple’s $3.45 trillion market cap (StockAnalysis, The Times of India).
More bullish predictions come from BitMEX co-founder Arthur Hayes, who said BTC may hit $250,000 in 2025 if the U.S. Federal Reserve returns to quantitative easing and floods markets with liquidity (Cointelegraph).
Institutional Money Fuels the Fire
As Bitcoin climbs, the total cryptocurrency market cap has topped $4.1 trillion for the first time (Cointelegraph, Financial Times). Analysts point to friendlier regulation, U.S. policy shifts like the GENIUS Act, and institutional adoption via 401(k) crypto allocations as key drivers (Cointelegraph).
Vugar Usi Zade, COO at Bitget, emphasized:
“It’s more than just hype — it’s a critical step toward making crypto part of mainstream portfolios” (Cointelegraph).
What’s Next?
Experts suggest $126,000 is the pivotal target to confirm a breakout. With $120K now solid psychological support, traders anticipate extended bullish momentum. But many warn: overheating could trigger sharp corrections.
“This is unequivocally the most straightforward setup for a BTC bull run,” said ProCap BTC CIO Jeff Park.
Presently, Bitcoin seems unstoppable — and that $3.4 trillion Apple crown might actually be in sight.