Bitcoin falls out of the global top 10 assets as market cap dips below $1.5T
Bitcoin fell to about $72,400, cutting its market cap to roughly $1.45 trillion from $1.66 trillion and pushing it out of the global top 10 assets to 13th place. The decline reflects a broader shift away from crypto as capital has flowed into AI/semiconductor stocks and precious metals, while geopolitical and macro uncertainty has boosted traditional safe havens. Gold and silver have surged to record or near-record levels, and several chip companies have overtaken Bitcoin in market value. On-chain analysis also shows Bitcoin’s realized price nearing a bearish “death cross” versus the 365-day moving average, a pattern that previously preceded major bear-market losses. Bitcoin still trades about 35% above its realized price, but the signal suggests weakening momentum and possible further downside.
