Alphabet

Bitcoin

Apple

Meta

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Bitcoin's financial footprint has <a href="https://companiesmarketcap.com/" rel="noopener noreferrer nofollow">expanded</a> significantly, with its market cap now exceeding that of Meta (formerly known as Facebook).&nbsp;
This marks a significant moment in the digital asset's journey, placing it just behind six of the world’s most substantial publicly traded companies, including tech giants and an energy titan.
<h2 id="the-investment-darlings">The investment darlings &nbsp;</h2>
The unprecedented surge in Bitcoin's market cap comes amid a broader rush of investments into tech stocks and cryptocurrencies.&nbsp;
According to a report from Bank of America Global Research, investors have recently injected the most capital into technology stocks since last August.&nbsp;
The investment landscape is notably tilting toward technology and cryptocurrencies, with inflows into tech stocks reaching $4.7 billion, as per BofA.&nbsp;
Stocks of the likes of Apple and Nvidia are on a trajectory for record annualized inflows.&nbsp;
Meanwhile, the crypto market cap has recently surpassed <a href="https://u.today/crypto-market-tops-25-trillion-as-dogecoin-doge-polkadot-dot-and-filecoin-fil-surge" rel="noopener noreferrer nofollow">a whopping $2.5 trillion</a>.&nbsp;
<h2 id="the-top-companies-by-market-cap">The top companies by market cap &nbsp;</h2>
The leading companies by market cap encompass a range of industries, with Microsoft at the top valued at $3.085 trillion due to its extensive software and cloud services.&nbsp;
Apple follows with a market cap of $2.711 trillion, thanks to its popular consumer electronics.&nbsp;
NVIDIA, known for its graphics chips, is valued at $2.188 trillion. The company has experienced enormous growth due to unprecedented demand for artificial intelligence. &nbsp;
Saudi Aramco, the state-owned oil giant, stands apart from the tech sector with a market cap of $2.023 trillion.&nbsp;
Amazon, with its vast e-commerce and cloud computing operations, is valued at $1.852 trillion. Alphabet, the parent company of Google, has a market cap of $1.662 trillion.&nbsp;

Bitcoin (BTC) Zeroing In on Alphabet After Surpassing Meta

Table of Contents

U_Today

Other articles published on Mar 4, 2024

FTX Claim Window Prices $BTC at $16,871, well below the Market Price

Hong Kong Markets Regulator Warns Local Investors About BitForex

Ensuring Uninterrupted Access and Security for Tether (USDT) Holders

AI Chatbot Therapists: Filling the Gaps in Europe’s Mental Health Care

XRP Ledger Sees Record-Breaking Burn Rate Amid Price Surge

Uniswap Founder: Dapps Will Soon Handle Gas Fees On Behalf Of Clients

Join our free newsletter for daily crypto updates!