Bitcoin drops out of the top 10 largest assets by market cap
Top assets by market cap. At press time, Bitcoin was changing hands at $72,753, with the $72,000–$73,000 area as the next critical support. To plunge even further, to spot number 14, the digital asset would need to decline just 10% more and lose $147 billion in market cap. Bitcoin bleeds market cap Indeed, in contrast to Bitcoin, precious metals and semiconductor stocks have delivered some of the strongest gains this year. Gold, for example, surged to a record $5,600 per ounce in January before pulling back to around $4,451, while silver climbed as high as $120 per ounce and currently trades at around $73. With Bitcoin dropping, silver is now actually the worlds fifth-largest asset by market capitalization, with a market value of $4.15 trillion. Looking ahead, some analysts project that precious metals are up for another rally, as gold could hit $7,000. As for semiconductor names, the artificial intelligence (AI) boom has continued to outperform crypto markets by a large margin. Nvidia (NASDAQ: NVDA) is still the second most valuable asset, just below gold, valued at $5.16 trillion. Whats more, CEO Jensen Huang is confident the number is going to rise even more in the next few years. Spots number three and four are occupied by









