The artificial intelligence sector and historic private equity listings confused Traditional world ranking rankings.
Bitcoin, which until recently was comfortably in the top six to eight global assets, has fallen 10 places. According to data from CoinGecko, the top cryptocurrency by market capitalization currently ranks 17th.
The digital currency is now in danger of dropping out of the top 20 altogether, something that would have been unthinkable just a few months ago.
Currently, capital is flowing heavily to semiconductor, memory chip, and aerospace giants, and Bitcoin appears to be taking a backseat.
Onslaught of memory chips
Bitcoin is currently being overtaken by South Korea’s SK Hynix and America’s Micron Technology, two key semiconductor and memory chip giants driving the AI revolution.
SK Hynix has risen to the 15th place in the world with a market capitalization of $1.32 trillion.
Micron Technology ranks just above Bitcoin in 16th place with a market capitalization of $1.3 trillion.
For comparison, Bitcoin’s market capitalization is only $1.262 trillion. The leading cryptocurrency is down more than 50% from its all-time high of $62,595 set several years ago.
The market capitalization of major cryptocurrencies reached its current peak of $2.5 trillion in October 2025.
At the time, Bitcoin was bigger than almost every corporate entity in the S&P 500. Bitcoin was only growing on the backs of apex technology monopolies like NVIDIA, Alphabet, Apple, Microsoft, and Amazon.
Musk is now bigger than Bitcoin
As reported by U.Today, tech billionaire Elon Musk has achieved a personal net worth that exceeds the market capitalization of major cryptocurrencies.
Musk recently made history by reaching an unprecedented personal net worth of $1.4 trillion with SpaceX’s blockbuster initial public offering (IPO). The explosive rise in the public price of SpaceX stock has boosted Musk’s personal wealth, given that he owns about 42% of the company.
