BTC accumulates a drop of almost 30% in the last 12 months while AI raises capital.
Gold gained strength as a safe haven while bitcoin lost relative traction against other assets.
Bitcoin once again lost positions within the ranking of the most valuable assets in the world, in a movement that reflects not only the recent drop in its price, but also an important change in global market preferences.
The asset, which a little over a year ago was among the five assets with the highest capitalization on the planet, It now appears in 13th place, surpassed by technological giants and precious metals such as gold and silver, according to CompaniesMarketCap.
Currently, bitcoin (BTC) is trading (at the time of this note) around USD 74,000 and maintains a capitalization close to USD 1.5 trillion. Although it is one of the largest financial assets in the world, the market began to direct an important part of its capital towards sectors that today attract the most attention: artificial intelligence, semiconductors and traditional refuges from economic uncertainty.
Today, gold continues to widely dominate the global ranking with a capitalization of more than USD 31 trillion, reinforced by the search for refuge in the midst of a still uncertain economic context. Silver also gained prominence and rose strongly thanks to the increase in demand for raw materials and defensive assets.
At the same time, companies related to artificial intelligence experienced accelerated expansion. Nvidia with valuations exceeding USD 4 billion, it established itself as one of the most valuable companies in the world thanks to the demand for chips for AI models, while firms such as TSMC and Broadcom They also considerably increased their stock market valuation, with both companies reaching approximately USD 2 billion. All of them managed to surpass bitcoin in the global ranking.
The contrast is significant when compared to what happened in April 2025. At that time, BTC had surpassed USD 94,000 and reached a valuation of approximately USD 1.86 trillion, enough to become the fifth most valuable asset in the world and temporarily surpass Alphabet, Google matrix. The momentum was accompanied by a more favorable macroeconomic environment for risk assets, driven in part by the easing of trade tensions between the United States and China and renewed investor appetite for technology and cryptocurrencies.
However, the scenario changed quickly. Bitcoin accumulates a significant drop from the historical maximum close to USD 126,000 reached months ago, and in parallel other sectors began to grow at a faster rate. The result was a loss of positions within the global market capitalization ranking.a metric that allows you to compare the financial size of assets such as companies, commodities and cryptocurrencies.
Still, the current pullback does not necessarily represent a structural loss of relevance for bitcoin. Historically, BTC has already gone through similar episodes. In 2018, after the collapse of the 2017 rally, the cryptocurrency lost more than 80% of its value and a large part of the market came to speak of the “end” of the cycle. Something similar happened in 2022, when monetary tightening in the United States caused a drop of more than 70% from historical highs.
In both cases, bitcoin ended up regaining ground over time. For this reason, some specialists interpret the current movement more as a phase of capital rotation that as a definitive abandonment of the activityeither. One of them is Ki Young Ju, who recently stated that much of the market’s new money is temporarily moving into stocks and precious metals, rather than definitively leaving bitcoin, as CriptoNoticias highlighted.
The difference now is that BTC faces much more intense competition. Gold is going through a new bull cycle, while technology and semiconductor companies absorb a huge amount of global investment. Besides, bitcoin already has a very high capitalization, which implies that it needs increasingly greater capital inflows to continue climbing positions rapidly within the world ranking.
In this context, the evolution of bitcoin over the coming months will largely depend on whether it manages to recover investment flow and rebuild confidence in its ability to function both as a growth asset and as a store of value. For now, the simultaneous advance of precious metals and the artificial intelligence industry makes clear a broad dispute for market attention.