From Nasdaq: 2025-05-30 04:00:00

Bitcoin (CRYPTO: BTC) reaches record levels in May, up 30% in past three months with a market cap over $2.1 trillion. Ethereum lags behind at $320 billion. Investors see Bitcoin as digital gold, scarce, and popular. Its market cap exceeds top blue chip companies but some wonder if it’s overvalued.

Bitcoin outperforms tech stocks, rising over 1,000% in five years compared to S&P 500’s 91%. Market cap now rivals top companies like Amazon and Alphabet. Some predict Bitcoin could hit $1.5 million by 2030 and even $13 million by 2045. However, analysts warn of potential corrections and inflated value.

As a leading cryptocurrency without a competitive advantage, Bitcoin could be overvalued. It remains popular but may not keep pace with newer, better coins. While highly speculative, investors may consider allocating a small portion of their portfolio to Bitcoin. The Motley Fool’s top 10 stocks to buy does not include Bitcoin, emphasizing potential for other investments to outperform.



Read more at Nasdaq: Bitcoin’s Market Cap Is Now Higher Than These 3 Tech Giants. Can It Still Soar Higher?