{"id":68286,"date":"2025-05-22T09:02:03","date_gmt":"2025-05-22T09:02:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=68286"},"modified":"2025-05-22T09:02:03","modified_gmt":"2025-05-22T09:02:03","slug":"hype-explodes-by-20-bitcoin-now-bigger-than-amazon-google-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=68286","title":{"rendered":"HYPE Explodes by 20%, Bitcoin Now Bigger Than Amazon, Google (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price finally broke the January all-time high and set a new record earlier today of almost $112,000 as its market cap flew past the $2.2 trillion line.<\/p>\n

Many altcoins have posted even more impressive gains over the past day, led by HYPE\u2019s meteoric rise beyond $30.<\/p>\n

BTC\u2019s New ATH<\/h2>\n

BTC broke above $100,000 on May 8 and has maintained within a six-digit price territory ever since. In the following weeks, it remained in a relatively tight range between $103,000 and $105,000 aside from a few false breakout attempts to either side.<\/p>\n

The past weekend saw another surge toward the upper boundary, which was initially stopped by the bears. More volatility ensued as the business week progressed. In short, BTC pumped<\/a> to $107,000 on a couple of occasions, but each rejection pushed it south by several grand.<\/p>\n

That was until yesterday, when the bulls took complete control of the market, pushed beyond that resistance, and finally helped the primary cryptocurrency break<\/a> its January all-time high of around $109,100 and set a new one at almost $110,000. At first, bitcoin was driven south again, to almost $106,000, but the situation reversed<\/a> during the Monday morning Asian trading session when it flew to nearly $112,000 to set a fresh record.<\/p>\n

<\/a>BTCUSD. Source: TradingView<\/p>\n

Despite dropping to $110,500 at this point, its market cap has risen to around $2 billion, which makes bitcoin the fifth-largest asset by that metric. It\u2019s above giants like Amazon and Alphabet (Google) but trails behind Apple and gold, which is the undisputed leader.<\/p>\n

<\/a>Total Assets by Market Cap. Source: CompaniesMarketCap<\/p>\n

HYPE Rises<\/h2>\n

The altcoins have turned green as well today, with ETH surging by 5% and climbing above $2,650. XRP is up by 3.8% and sits well above $2.4, while BNB has jumped past $680 after a 5% daily pump. Even more impressive gains come from the likes of SOL, DOGE, ADA, SUI, LINK, AVAX, and SHIB.<\/p>\n

However, the day belongs to HYPE, which has skyrocketed by 19% and now trades above $31.<\/p>\n

With most other lower- and mid-cap alts well in the green, the total crypto market cap has soared by over $120 billion and sits beyond $3.6 trillion on CG now.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post HYPE Explodes by 20%, Bitcoin Now Bigger Than Amazon, Google (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price finally broke the January all-time high and set a new record earlier today of almost $112,000 as its market cap flew past the $2.2 trillion line. Many altcoins have posted even more impressive gains over the past day, led by HYPE\u2019s meteoric rise beyond $30. BTC\u2019s New ATH BTC broke above $100,000 on […]<\/p>\n","protected":false},"author":0,"featured_media":68287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68286"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68286"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68286\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/68287"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}