Bitcoin drops to 13th largest asset as capital flees to AI and precious metals
Bitcoin has fallen to the 13th largest asset globally as it struggles against rising investments in AI and precious metals. The cryptocurrency is down 11% year to date and nearly 30% over the past year, while gold and silver have seen significant gains. Major semiconductor companies have also surpassed Bitcoin in market capitalization, reflecting a shift in investor interest.
- ▪Bitcoin is currently valued at approximately $76,000, bringing its total market capitalization down to $1.5 trillion.
- ▪Gold reached a record $5,600 per ounce in January, while silver climbed to $120 per ounce before settling around $76.
- ▪Semiconductor companies like TSMC and Broadcom have overtaken Bitcoin in market capitalization, each valued at around $2 trillion.
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin drops to 13th largest asset as capital flees to AI and precious metalsBitcoin’s weak 2026 performance has coincided with sharp gains in metals and semiconductor giants, raising concerns that the cryptocurrency could continue losing ground.By James Van Straten|Edited by Jamie CrawleyUpdated May 27, 2026, 9:33 a.m. Published May 27, 2026, 9:12 a.m. 1 min readMake preferred on Semiconductor (Unsplash)What to know: Bitcoin is down 11% year to date and nearly 30% over the past year, while metals and semiconductor stocks have posted major gains. Gold surged to a record $5,600 per ounce in January before easing back to around $4,486, while silver climbed as high as $120 per ounce and now trades near $76.
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