Bitcoin’s market value has climbed above Alphabet Inc.’s, giving the cryptocurrency the world’s fifth-largest capitalization, according to data cited by market trackers including CoinGecko. Bitcoin’s capitalization stood at about $2.456 trillion early Thursday, edging past Alphabet’s roughly $2.450 trillion and moving the digital asset ahead of both Alphabet and Amazon in the global league table. The milestone follows a sharp rally that pushed Bitcoin to a record price topping $124,000, extending the token’s 2025 surge. With the latest advance, Bitcoin now sits behind only Apple, Microsoft, Saudi Aramco and one other larger asset by market value, underscoring the scale of the cryptocurrency’s ascent.