Bitcoin Surpasses Canada’s GDP and Amazon’s Market Capitalization

Bitcoin’s value soars past Canada’s GDP and Amazon, sparking debate as it rivals gold and tech giants among the world’s top assets.

Bitcoin Surpasses Canada’s GDP and Amazon’s Market Cap. Source: Shutterstock
Bitcoin Surpasses Canada’s GDP and Amazon’s Market Cap. Source: Shutterstock

Bitcoin's market capitalization reached $2.4 trillion. This figure exceeded the GDP of countries like Canada ($2.2 trillion) and Brazil ($2.1 trillion). The total value of the entire crypto market is estimated at $3.8 trillion, which is comparable to the GDP of the UK.

Source: StatisticsTimes.
Source: StatisticsTimes.

According to StatisticsTimes, this rise allowed Bitcoin to surpass tech giant Amazon ($2.3 trillion) and silver ($2.2 trillion) in terms of capitalization.

The event sparked a reaction in the financial community. Gold supporter Peter Schiff, on his X account, urged investors to seize the moment:

"With Bitcoin hitting new highs today (in dollars), it's a great time to sell some and buy silver ahead of silver's next big leg up. Even if Bitcoin keeps rising for a while, silver should rise much more. And while Bitcoin can easily crash, silver's downside seems very limited."

Among the world's billionaires, Bitcoin's capitalization surpasses the combined net worth of Elon Musk ($404 billion), Larry Ellison ($274 billion), and Mark Zuckerberg ($247 billion), according to Forbes.

Source: Forbes.
Source: Forbes.

The largest holder of Bitcoin remains its creator, Satoshi Nakamoto, with 1.096 million BTC worth $134.3 billion, making him one of the richest people on the planet, according to data from Arkham.

Soruce: Arkham.
Soruce: Arkham.

Bitcoin is gradually becoming a global asset on par with gold and the stocks of tech giants. To surpass gold in terms of capitalization ($22 trillion), Bitcoin must exceed $1 million per coin.

Since the beginning of 2025, gold and Bitcoin have become the most profitable assets. Their returns amounted to 28% and 26%, respectively.

Previously, gold and Bitcoin have never occupied the top two spots in the profitability ranking within a single calendar year. This is the first such case in recorded history.