Bitcoin Surpasses Google as Fifth-Largest Asset on Rate-Cut Optimism

I view Bitcoin's jump past Google's market value to become the fifth-largest asset as a clear sign of renewed risk appetite driven by rising Fed rate cut bets. The market is rewarding rate-sensitive, high-growth risk assets, and crypto is capturing fresh allocation from traders and some institutions.

That said, this is both a momentum event and a macro story — flows can reverse sharply if rate expectations change or liquidity tightens. I expect continued headline-driven volatility even as higher market caps attract more attention and capital.

I remain constructive on Bitcoin but emphasize sized exposure, staged entries, and stop discipline to manage the elevated tail risk.