Bitcoin hit a new peak of $109,400 on Wednesday before pulling back slightly, boosting its market capitalization to $2.16 trillion and claiming the title of the fifth-largest asset worldwide.

This landmark pushed Bitcoin’s market cap just above Amazon’s $2.15 trillion valuation. Currently, Bitcoin trades around $108,954 after the brief consolidation.

Year-to-date, Bitcoin has climbed 16.44%, while Amazon’s stock has slipped roughly 8% over the same timeframe.

Gold continues to dominate as the largest asset globally with a $22 trillion market cap, followed by tech heavyweights Microsoft, NVIDIA, and Apple, each valued between $3.1 and $3.4 trillion.

The cryptocurrency’s impressive run, fueled in part by momentum since former President Donald Trump’s election, has sparked significant investor interest. BlackRock’s iShares Bitcoin Trust (IBIT) ranks among the year’s top ETFs by inflows, drawing about $9 billion from investors, according to Bloomberg’s senior ETF analyst Eric Balchunas.