Bitcoin tops Amazon market cap on 'Pizza Day' as cost sets brand-new highs

INSUBCONTINENT EXCLUSIVE:
data shows that Bitcoin (BTC) had a market cap of $2.205 trillion at the time of writing, $70 billion more than the $2.135 trillion Amazon
Alex Obchakevich, founder of Obchakevich Research
to CoinMarketCap data, the total cryptocurrency market cap stood at $3.49 trillion at the time of writing
While high, this is still nearly 6% lower than the all-time high of $3.71 trillion reported at the end of 2024.Total crypto market cap
one-year chart
Source: CoinMarketCapMore CoinMarketCap data shows that Bitcoin exchange-traded funds (ETFs) saw nearly $604 million of net inflows on May
21
The current open interest on crypto derivatives is $756.16 billion for perpetual swaps and $3.24 billion for futures
adjustments
tempering momentum
in Bitcoin by taking $82M contract in cash