Bitcoin’s market cap hits $1 trillion and knocks out Tencent, which holds a valuation of roughly $917.8 billion, according to AssetDash rankings. The world’s largest cryptocurrency is now at the 6th position in AssetDash’s list of top market cap companies worldwide. Google, officially known as Alphabet (GOOGL), is at the 5th position with a market cap of approx. $1.4 trillion. At the time of writing, BTC was also ranking above giant entities like Tesla and Facebook.