XRP stays flat as Bitcoin overtakes Google
Bitcoin's relentless climb pushed it to a fresh all-time high late Wednesday, briefly topping $124,450 and overtaking Google parent Alphabet's market capitalization before easing slightly.
BTC overtook Google to become the fifth largest asset globally, hitting a $2.456 trillion market cap.
The world's largest cryptocurrency now sits firmly above the $120,000 support level, cementing its position as the fifth-largest asset globally.
The milestone, achieved during a late-night trading frenzy, was enough to trigger a wave of optimism among bulls. The move confirmed Bitcoin's strong institutional demand, with pension funds, ETFs, and large-cap investors driving unprecedented buying pressure. Ethereum followed suit, holding above $4,750, while Solana, Cardano, and Dogecoin all booked double-digit gains over the week.
But one top-10 coin missed the rally entirely, XRP. Despite the sea of green across the crypto leaderboard, XRP stayed locked near $3.24 — virtually unchanged on the day — leaving traders scratching their heads.
Data from Coinglass shows that more than $450 million worth of leveraged positions were liquidated in the past 24 hours, with the majority coming from short sellers who bet against Bitcoin's record-breaking run.
With Bitcoin's valuation now over $2.4 trillion, traders are already eyeing the next prize, Apple's $3.462 trillion market cap.
XRP stays flat as Bitcoin overtakes Google first appeared on TheStreet on Aug 14, 2025
This story was originally reported by TheStreet on Aug 14, 2025, where it first appeared.
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