Bitcoin BTC Hits All-Time High of $111,000, Overtakes Amazon to Become 5th Largest Global Asset by Market Cap

The cryptocurrency market is experiencing a remarkable rally, with Bitcoin ATH at $111,000 for the first time

The cryptocurrency market is currently experiencing a remarkable rally, with Bitcoin reaching a new all-time high (ATH) of $111,000 on May 22. This milestone marks the 15th anniversary of Bitcoin Pizza Day, adding a symbolic touch to the market's enthusiasm. As major cryptocurrencies continue to trade in the green, signals strong bullish sentiment.

Major Cryptocurrencies Price Live Chart

Cryptocurrency prices today 22/5

Bitcoin price rose 7.3% in the past 7 days.

Bitcoin Surpasses Amazon in Market Cap Ranking

On May 22, Bitcoin price hit a new ATH of $111,000, according to TradingView data. This event also marks the 15th anniversary of Bitcoin Pizza Day, the first real-world Bitcoin transaction in 2010, where 10,000 BTC were exchanged for two pizzas.

The total cryptocurrency market capitalization reached $3.6 trillion, with Bitcoin's market dominance at 61.1%.

Among major cryptocurrencies, Ethereum price also went up 40.7% in the past 14 days, trading at $2,600. Lower gas fees have led to increased activity in DeFi platforms like Uniswap and Aave, enhancing accessibility.

Solana price rose 16.5% over the past 14 days to reach $175. The excitement surrounding the second-generation Seeker device, which has secured over $67.5 million in pre-orders, is contributing to Solana's market momentum.

XRP price went up 10.7% in the past 14 days, trading at $2.40. The recent launch of XRP futures has sparked optimism for a potential spot XRP ETF, which could increase liquidity and attract institutional investors.

Other major cryptocurrencies like BNB, Cardano, and Dogecoin also recorded gains of over 1% in the past 24 hours.

Insiders

According to CoinGlass data, over the last 24 hours, more than $522 million worth of leveraged positions have been liquidated, of which 63% were short. The largest single liquidation order happened on Bybit with the BTCUSDT pair, valued at $6.36 million.

According to data from CompaniesMarketcap, Bitcoin has surpassed Amazon to become the 5th largest asset globally by market capitalization.

As of May 22, 2025, Bitcoin's market cap reached $2.17 trillion, surpassing Amazon's market cap of $2.07 trillion.

The top 5 largest assets globally by market capitalization are:

1. Apple

2. Microsoft

3. Saudi Aramco

4. NVidia

5. Bitcoin

Bitcoin's remarkable rally and growing interest from institutions and whales are pushing the crypto market to new highs. With major cryptocurrencies trading in the green and new milestones being reached, the bullish trend in the market continues.