BTC falls 11% year-to-date and 30% annually, ceding ground to gold, silver, and semiconductor stocks amid sector rotation.
Bitcoin has dropped to the 13th largest asset by market capitalization, down 11% year-to-date and nearly 30% over the past year. The decline coincides with strong gains in precious metals and semiconductor stocks, which have attracted investor capital amid shifting market preferences.
Gold reached a record $5,600 per ounce in January before retreating to $4,486, while silver climbed as high as $120 per ounce and now trades near $76. Silver’s rally briefly positioned it as the fifth-largest asset globally. Meanwhile, semiconductor giants like TSMC and Broadcom have surpassed bitcoin in market value, with Micron Technology crossing the $1 trillion mark.
The rotation reflects broader economic uncertainty, with investors favoring traditional safe havens and high-growth AI-driven sectors over cryptocurrencies.