Bitcoin slides to 13th-largest asset as AI and metals surge!

Bitcoin has dropped to the 13th-largest asset by market capitalization, down 11% year to date and nearly 30% over the past year, as investor capital rotates aggressively into precious metals and semiconductor stocks. Gold hit a record $5,600 per ounce in January before settling near $4,486, while silver reached $120 per ounce and now trades around $76 — enough to make silver the world's fifth-largest asset globally.

The AI and semiconductor boom has been equally punishing for BTC's relative standing. TSMC and Broadcom have each crossed $2 trillion in market cap, ranking eighth and ninth globally and both now sitting above Bitcoin. Micron Technology recently joined the $1 trillion club, and Samsung at $1.3 trillion is now nipping at Bitcoin's heels.