Crypto news

BTC Does WHAT?! You Won’t Believe #6!

BBG News

Right, so Bitcoin, that digital… thing, has apparently decided to thumb its nose at reality. 🤷‍♂️

  • Bitcoin, in a move that can only be described as utterly bonkers, has soared to a previously unheard-of $111K. It’s even overtaken Google. Google! The internet’s filing cabinet! To become the 6th-largest global asset by market cap. One can only assume Larry and Sergey are now trading crypto in a darkened room.
  • Apparently, the world is falling apart, financially speaking. Macroeconomic instability, which sounds like a disease you catch on a cruise ship, and rising inflation, which is basically the universe’s way of charging extra for everything, are driving investors to Bitcoin. Because, you know, that makes perfect sense. It’s like choosing to navigate by carrier pigeon during a GPS outage. Over gold and bonds, no less!

Bitcoin [BTC] has just notched a new chapter in financial history. Or possibly just scribbled something indecipherable on the margins. ✍️

Surpassing its previous record, the king crypto hit a new ATH of $111K for the first time, and has overtaken Google in market value. One wonders if Google is now frantically trying to mine Bitcoin using its search algorithms. 🤔

Ranked as the world’s sixth-largest asset, Bitcoin now sits just behind gold, Microsoft, NVIDIA, Apple, and Amazon, showing its growing weight in the global financial landscape. Which is either very impressive or a sign of the apocalypse. Possibly both. 💸

Bitcoin breaks new ground! (Or at least scratches the surface)

Bitcoin surged past $111K on the 21st of May, setting a new all-time high and closing the daily candle at $110K on Binance. Presumably, someone celebrated with a very expensive cup of coffee. ☕

The move caps off a week of steady gains, with BTC climbing over 10% since 17th May. Notably, the RSI was at 77.42 at press time, indicating overbought conditions as traders pushed prices into uncharted territory. One imagines they packed sandwiches for the trip. 🥪

While momentum remains strong, technical signals suggest the rally could be entering a phase of heightened volatility. Which is a polite way of saying “hold on to your hats, folks.” 🤠

Bitcoin races past Google! (Like a caffeinated squirrel)

With a market capitalization exceeding $2.17 trillion, Bitcoin has officially surpassed Alphabet (Google) to claim the sixth spot among the world’s largest assets. One can only imagine the existential dread setting in at Google HQ. 😟

It now ranks just behind Amazon, Apple, NVIDIA, Microsoft, and gold. The milestone places Bitcoin ahead of traditional heavyweights like silver, Saudi Aramco, and Meta. It’s like watching a toddler win a weightlifting competition. 💪

With mounting bullish momentum, BTC has nowhere to go but up. Or possibly sideways. Or down. It’s Bitcoin, after all. 🤷

What’s behind the surge? (Besides a herd of caffeinated hamsters)

Bitcoin’s climb past the $2 trillion market cap mark is a result of changes across the external environment. Or possibly just sheer dumb luck. 🍀

Having reached its first trillion faster than most assets in history, Bitcoin is increasingly seen as a hedge in a changing financial landscape. Which is like using a chocolate teapot to put out a fire, but hey, who are we to judge? 🤷‍♀️

Americans are turning to Bitcoin. Or possibly just running around in circles screaming. 🏃‍♀️

This sentiment is confirmed in data showing Bitcoin holders outpacing those accumulating gold — a notable reversal in investor behavior. The world has officially gone mad. 🤪

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2025-05-22 14:18

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