Bitcoin News Today: Institutional Adoption Propels Bitcoin Past Amazon to $2.4T Valuation

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Thursday, Oct 2, 2025 4:24 am ET1min read
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- Bitcoin's market cap hit $2.4 trillion, surpassing Amazon, driven by $1B+ daily ETF inflows and doubled institutional holdings since June 2025.

- Regulatory clarity from Fed/SEC and legislative efforts like the GENIUS Act boosted institutional adoption, with 16.6% of Bitcoin supply now held by corporations/ETFs.

- Altcoins like Solana ($330 target) and Cardano ($1.33 potential) attract attention as Bitcoin dominance wanes, fueled by institutional demand and technical analysis.

- Challenges persist: regulatory delays, volatility, and scalability debates, though DeFi growth and blockchain infrastructure investments offer counterbalance.

Bitcoin's market capitalization has surged to $2.4 trillion, surpassing Amazon's $2.3 trillion valuation and cementing its position as the fifth-largest global asset Bitcoin Flips Amazon’s $2.3T Market Cap, Becomes[1]. This milestone was driven by a seven-day buying streak from U.S. spot

exchange-traded funds (ETFs), which added over $1 billion in net inflows on a single day Vegas Spotlight: Bitcoin (BTC) Tops Amazon (AMZN)[2]. The rise reflects growing institutional adoption, with over 265 companies now holding Bitcoin in their balance sheets-double the figure from June 2025. Corporate and ETF holdings account for 3.5 million Bitcoin, or 16.6% of the total supply, signaling a shift from speculative trading to institutional-grade investment Bitcoin Flips Amazon’s $2.3T Market Cap to Become[4].

The Federal Reserve's easing of regulatory barriers, including the approval of spot Bitcoin ETFs, has further accelerated adoption. The U.S. Securities and Exchange Commission (SEC) has provided clearer guidelines for crypto-related exchange-traded products (ETPs), reducing uncertainty for institutional investors . Meanwhile, legislative efforts such as the GENIUS Act and the Clarity Act aim to foster innovation in stablecoins and digital asset markets, bolstering Bitcoin's legitimacy as a macroeconomic hedge Bitcoin Flips Amazon’s $2.3T Market Cap, Becomes[1].

Analysts are now spotlighting alternative cryptocurrencies (altcoins) for growth potential, with and emerging as top picks. Solana's price surged over 15% in a week, breaking key resistance levels, while institutional demand and potential ETF approvals could push its value to $330 or higher Altcoins Price Prediction 2025 Reveals $ETH $SOL $ADA Bullish[7]. Peter Brandt, a prominent trader, highlighted Cardano's double-bottom technical pattern, predicting a bullish rally to $1.33 if it breaches $1.18 resistance Altcoins Price Prediction 2025 Reveals $ETH $SOL $ADA Bullish[7]. Price forecasts for 2025 range from $1.10 to $2.42 for

, driven by its research-based development and expanding smart contract applications SOL vs ADA: Which Smart Contract Platform Is Better[6].

The broader altcoin market is drawing attention as Bitcoin's dominance wanes.

(ETH) remains a cornerstone of decentralized finance (DeFi), with price predictions reaching $7,500 by late 2025, while and are also highlighted for their utility in cross-border payments and exchange ecosystems SOL vs ADA: Which Smart Contract Platform Is Better[6]. However, analysts emphasize that and Cardano's scalability, real-world use cases, and institutional traction position them as the most compelling options for investors seeking exposure to the next bull run Bitcoin Adoption And Regulatory Developments Crucial As[8].

Despite Bitcoin's historic ascent, challenges persist. Regulatory uncertainty, particularly during the recent U.S. government shutdown, has delayed key decisions on crypto ETFs and stablecoin frameworks . Additionally, Bitcoin's volatility and scalability debates remain hurdles for mainstream adoption. For altcoins, regulatory scrutiny and market competition could temper growth, though institutional interest in DeFi and blockchain infrastructure offers a counterbalance Bitcoin Adoption And Regulatory Developments Crucial As[8].

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