Bitcoin Surpasses Google to Claim Spot as Fifth-Largest Global Asset Amid Fed Rate Cut Speculation

Move over, Big Tech—Bitcoin just bulldozed past Google in market cap rankings. The Fed's dovish whispers are fueling a crypto rally that's rewriting the asset hierarchy.

When algorithms meet monetary policy

Traders are dumping rate-sensitive tech stocks for decentralized hard money. Bitcoin's 24% monthly surge coincides with CME futures pricing in three Fed cuts by December. Coincidence? Wall Street's quant bots don't think so.

The new pecking order

With a $1.2 trillion valuation, BTC now trails only gold, Microsoft, Apple, and Saudi Aramco. Not bad for an asset class bankers called 'rat poison' just seven years ago. Meanwhile, Google parent Alphabet watches from sixth place—maybe they should've mined some blocks instead of indexing them.

Finance's perpetual irony: The asset invented to bypass central banks now thrives on their policy mistakes. Powell giveth, and Satoshi taketh away.