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

By AdamNovocaine | This is interesting | 14 Jul 2025


d06c633e43eace870b0753aa3ffceeb6731b2523c4d96cc6e51fcd32c36eb296.jpgBitcoin’s market capitalization has reached $2.4 trillion, surpassing 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 — comparable to the GDP of the United Kingdom.

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Data: StatisticsTimes.


 

The growth allowed the leading cryptocurrency to surpass the market capitalization of tech giant Amazon ($2.3 trillion) and silver ($2.2 trillion).

This milestone sparked reactions in the financial community. Gold advocate Peter Schiff urged investors on his X account to take advantage of the moment:

"Today, as Bitcoin reaches new highs (in dollars), it’s a great time to sell it and buy silver. Even if Bitcoin continues to rise, silver should increase much more. And while Bitcoin could easily crash, silver’s downside potential seems very limited."

Among the world’s billionaires, Bitcoin’s market cap now exceeds the combined net worth of Elon Musk ($404 billion), Larry Ellison ($274 billion), and Mark Zuckerberg ($247 billion).

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Data: Forbes.
The largest holder of Bitcoin remains its creator, Satoshi Nakamoto, with 1.096 million BTC valued at $134.3 billion. This makes him one of the richest people on the planet.

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Data: Arkham.
The leading cryptocurrency is gradually becoming a global asset on par with gold and tech giant stocks. To surpass gold in market capitalization ($22 trillion), Bitcoin would need to exceed $1 million per coin.

Since the beginning of 2025, both the precious metal and the leading cryptocurrency have been the most profitable assets, with returns of 28% and 26%, respectively.

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Previously, gold and Bitcoin had never occupied the top two spots in the returns ranking within the same calendar year. This is the first such case in the history of observations.

It is worth noting that Bitwise senior cryptocurrency research analyst Juan Leon believes that the global GDP will increase by $20 trillion by 2030 thanks to the digital assets and artificial intelligence industries.

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AdamNovocaine
AdamNovocaine

Just a guy who needs a few extra dollars My telegram channel https://t.me/AdamNovocaine


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