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via Cointelegraph · By Cointelegraph Staff
Bitcoin Loses Global Top 10 Asset Spot as Market Cap Falls to $1.48T
BTC
BTC/USDT
$79,904.64
+0.20%
$79,904.64
+0.20%
(24s)24h Volume
$6,198,613,775.32
24h H/L
$80,200.00 / $79,442.00
Change: $758.00 (0.95%)
Long/Short
52.8%
Long: 52.8%Short: 47.2%
Funding Rate
+0.0011%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(12:09 PM UTC)
1 min read
Bitcoin’s (BTC) latest drawdown to $72,000 has coincided with a sharp drop in its market capitalization, pushing it out of the global top 10 assets by market cap.
Key takeaways:
- Bitcoin fell to 13th place among global assets after its market cap dropped below $1.5 trillion.
- Gold, silver and AI stocks outperformed Bitcoin after investors rotated.
- Bitcoin’s pending realized price death cross could…
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