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Reading: Bitcoin drops to 13th largest asset as capital flees to AI and precious metals
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Your Crypto News Today > Market > Bitcoin drops to 13th largest asset as capital flees to AI and precious metals
Market

Bitcoin drops to 13th largest asset as capital flees to AI and precious metals

June 1, 2026 2 Min Read
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Bitcoin has fallen to thirteenth place among the many world’s largest international belongings after slipping to roughly $76,000, bringing its whole market capitalization all the way down to $1.5 trillion.

BTC has struggled all through 2026, falling 11% 12 months up to now and almost 30% over the previous 12 months, as investor capital has rotated into different excessive performing sectors.

Treasured metals had been among the many largest beneficiaries throughout that interval. Gold surged to a report $5,600 per ounce in January earlier than easing again to round $4,486, whereas silver climbed as excessive as $120 per ounce and now trades close to $76.

The rally in metals pushed silver to develop into the world’s fifth largest asset by market capitalization, highlighting robust demand for conventional protected haven belongings amid continued financial uncertainty.

The continued increase in synthetic intelligence (AI) and semiconductor shares has considerably outpaced bitcoin’s efficiency. The so-called “Magnificent Seven” expertise firms have continued to rally, with the Roundhill Magnificent Seven ETF gaining 33% over the previous 12 months.

Semiconductor leaders similar to Taiwan Semiconductor Manufacturing Firm (TSMC) and Broadcom (AVGO) have each surpassed bitcoin in market capitalization, every now valued at round $2 trillion, rating eighth and ninth globally.

Micron Know-how (MU) lately turned the most recent semiconductor firm to cross the $1 trillion valuation threshold, whereas Samsung, valued close to $1.3 trillion, now sits simply behind bitcoin.

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