Bitcoin Falls Out of Top 10 Global Assets Again as Tech and Metals Surge

Bitcoin has fallen to its lowest position in over two years, now outside the top 10 global assets by market capitalization. As of May 28, 2026, its market cap is around $1.09 trillion, trailing behind gold, silver, and the Magnificent Seven tech firms. In October 2025, it held the seventh spot, priced above $126,000 with a valuation close to $2.5 trillion. It briefly reached fifth place in April 2025, surpassing Alphabet with a market cap of $1.86 trillion. However, 2026 has seen an 11% drop since January and nearly a 30% decline over the past year, with BTC trading at approximately $75,000. Meanwhile, semiconductor companies TSMC and Broadcom have each reached $2 trillion valuations, and precious metals have fluctuated significantly. The Magnificent Seven now boasts a combined value of nearly $23 trillion, with Nvidia valued at $4.8 trillion. Some investors believe that bitcoin's $1 trillion floor is more critical than its current ranking. Although the recent passage of the CLARITY Act has improved regulatory outlook, bitcoin continues to contend with macroeconomic pressures, ETF outflows, and leveraged liquidations.