{"id":42099,"date":"2025-08-14T04:46:45","date_gmt":"2025-08-14T04:46:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42099"},"modified":"2025-08-14T04:46:45","modified_gmt":"2025-08-14T04:46:45","slug":"bitcoin-crosses-google-to-become-fifth-largest-asset-as-fed-rate-cut-bets-rise","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42099","title":{"rendered":"Bitcoin Crosses Google to Become Fifth-Largest Asset as Fed Rate Cut Bets Rise"},"content":{"rendered":"<div>\n<p>Bitcoin (BTC) surged past its previous record on Wednesday, rallying in tandem with U.S. equities as investors continued piled into risk assets ahead of key macro catalysts.<\/p>\n<p>BTC rose above $124,000 in early Asia trading on Thursday, topping the July 14 high of $123,205, before seeing slight profit taking. The move came as the S&amp;P 500 logged its second consecutive record close, meaning BTC mirrored a rally in stocks as both markets feed off the same bullish macro backdrop.<\/p>\n<p>It became the fifth-largest asset by market capitalization across all assets, <a href=\"https:\/\/companiesmarketcap.com\/assets-by-market-cap\/\">data shows<\/a>, crossing Google\u2019s $2.4 trillion.<\/p>\n<p>The milestone reflects a year-long build in bullish sentiment, fueled by a friendlier regulatory backdrop under President Donald Trump and the rapid adoption of corporate treasury strategies centered on bitcoin accumulation.<\/p>\n<p>Michael Saylor\u2019s Strategy (MSTR) pioneered the playbook of stockpiling BTC as a balance sheet asset, a move now mirrored by smaller public companies \u2014 and increasingly, by Ether proponents.<\/p>\n<p>The result has been broad-based strength across top digital assets, with bitcoin\u2019s market capitalization climbing to $2.46 trillion and Ether\u2019s to nearly $575 billion, according to CoinGecko. Together, the two dominate roughly 70% of all crypto trading activity.<\/p>\n<p>The rally is also riding a wave of macro optimism. U.S. inflation data this week landed in line with expectations, reinforcing bets that the Federal Reserve will cut interest rates in September.<\/p>\n<p>Lower borrowing costs tend to boost valuations for riskier assets by easing financial conditions, creating a spillover from blue-chip equities into high-volatility corners like crypto.<\/p>\n<p>With bitcoin now firmly above the $120,000 resistance zone, some technical analysts are eyeing $135,000\u2013$138,000 as the next upside target, as CoinDesk <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/12\/bitcoin-traders-eye-usd135k-ether-usd4-800-in-crosshairs-as-cpi-looms\">reported earlier<\/a> in the week.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) surged past its previous record on Wednesday, rallying in tandem with U.S. equities as investors continued piled into risk assets ahead of key macro catalysts. BTC rose above $124,000 in early Asia trading on Thursday, topping the July 14 high of $123,205, before seeing slight profit taking. The move came as the S&amp;P [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42099","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42099"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42099\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}