Bitcoin (BTC) Surges Past $106,000, Overtaking Alphabet (GOOGL) to Become the Sixth-Largest Asset

Cryptocurrencies led by Bitcoin (BTC) are making waves as they disrupt the global asset rankings. Bitcoin (BTC) recently surged past $106,000

Cryptocurrencies are making headlines as they disrupt the global asset rankings, with Bitcoin (BTC) now outperforming traditional financial institutions and tech giants.

Bitcoin recently surged past $106,000, overtaking Alphabet (NASDAQ:GOOGL) to become the sixth-largest asset globally by market capitalisation. In another noteworthy development, Tether—the largest stablecoin issuer—now holds more in US Treasury securities and gold reserves than Germany.

According to data from the US Department of the Treasury, Tether’s collective holdings have exceeded Germany’s $111 billion in US Treasuries. This rapid accumulation of Treasury assets by crypto firms highlights the shifting dynamics of capital in the global financial landscape.

As capital increasingly flows into digital assets, investors are seeking the next high-potential projects that could ride this bullish wave. Among them, Bitcoin Pepe is quickly emerging among the best crypto to buy, especially for those looking to enter the market during this market resurgence.

Bitcoin surges above Google in market cap

On May 19, 2025, Bitcoin surpassed Google’s parent company, Alphabet Inc. (NASDAQ:GOOGL), in global asset rankings by market capitalisation.

This milestone came as Bitcoin’s price breached the $106,000 threshold, subsequently pushing its market value past the $1.67 trillion mark.

The world’s largest cryptocurrency has rapidly gained ground on the fifth-largest asset, Facebook parent Meta (NASDAQ:META), and could soon overtake it. Currently, only U.S. equities, British equities, and Microsoft (NASDAQ:MSFT) rank higher than Bitcoin in terms of market capitalisation.

This development underscores a broader trend: institutional and sovereign-level confidence in Bitcoin is growing.

Governments, hedge funds, and publicly traded companies are adding BTC to their treasuries, with the most recent addition being by Metaplanet, which has increased its Bitcoin holdings by 0.4 BTC to 999.6 BTC.

While traditional tech stocks have been a staple in investment portfolios for decades, Bitcoin’s narrative as “digital gold” and a decentralised store of value is quickly changing the narrative and capitalizing on global markets.

Its fixed supply, combined with growing demand, continues to push its valuation higher even amid periodic market corrections.

Moreover, Bitcoin’s performance relative to top-tier equities is shifting perceptions. In previous market cycles, critics dismissed BTC as speculative or too volatile. However, as Bitcoin outperforms equities and pulls ahead in the global asset rankings, it’s clear that institutional money is pivoting toward cryptocurrencies in a big way.

Bitcoin Pepe emerges as a top buy

As Bitcoin continues to dominate headlines with its record-breaking market cap surge, another crypto project is quickly positioning itself as one of the most promising investment opportunities in the crypto market today.

Enter Bitcoin Pepe, the world’s first meme-based Layer-2 for Bitcoin, which is quickly emerging as a top crypto to buy.

Bitcoin Pepe is more than just a viral token; it represents an ambitious plan to bring Solana-style speed and scalability to the Bitcoin network, introducing a new token standard called PEP-20.

This will enable users to launch their own memecoins on Bitcoin’s blockchain, complete with lightning-fast transactions and negligible fees.

The project’s native token, BPEP, is currently in the final stages of its presale. Having already raised over $9.8 million in the presale, Bitcoin Pepe has drawn significant interest from early backers who see both the narrative and technological edge it brings to the table.

The current BPEP presale price is $0.342. Notably, the token has seen a 62.9% price rise since the presale started a few weeks ago, with a 5% increase in each presale stage.

Bitcoin Pepe’s roadmap is equally ambitious. Once the presale comes to an end, the price of BPEP is expected to rise substantially, especially after it hits centralised exchanges shortly after the presale ends.

This is because the project will be introducing a series of marketing initiatives to amplify its presence in the crypto space.

Bitcoin Pepe is introducing a new token standard by the name of PEP-20 token standard, which will allow users to launch their own memecoins on Bitcoin’s blockchain.

This will empower a new generation of creators and investors to build directly on the most secure blockchain in existence.

Despite the broader market experiencing a minor pullback today, the sentiment around Bitcoin Pepe remains overwhelmingly bullish, fueled not only by retail investors but also by crypto influencers and key opinion leaders (KOLs) who recognize the project’s unique positioning at the intersection of memes, Bitcoin, and scalable infrastructure.