On July 14, 2025, Bitcoin achieved a significant milestone, with its price exceeding $122,600 and its market cap reaching approximately $2.4 trillion, surpassing Amazon's value of $2.3 trillion. This surge was fueled by remarkable ETF inflows and increasing institutional demand. Notably, Bitcoin also outperformed the market caps of silver and Google. The record inflows into spot Bitcoin ETFs occurred amid a regulatory push from U.S. Congress, known as 'Crypto Week,' which provided clearer frameworks for crypto involvement in regulated finance. Following a shift in U.S. administration support for crypto policy and a weakening dollar, Bitcoin's correlation with equities notably increased, positioning it as a mainstream financial asset. By July 2025, over 265 companies held 853,000 BTC, and they were joined by spot ETFs, which collectively managed approximately 1.4 million BTC. Looking forward, projections suggest that Bitcoin could target values approaching $167,000 as it vies for positions against Apple and Microsoft, dependent on sustained ETF demand and regulatory support. Crossing Amazon's valuation signifies Bitcoin's legitimization and evolving role within diversified investment portfolios.

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