Bitcoin falls out of global top 10 assets by market capitalization, below Elon Musk's Tesla

Bitcoin falls out of global top 10 assets by market capitalization, below Elon Musk's Tesla

Ether also declined significantly, dropping to 56th place with a market cap just above $300 billion and losing 14.5% of its value.

Bitcoin Drops Out of Top 10 Assets as Market Cap Slides to $1.57 Trillion Amid Macro Pressures

Bitcoins market capitalization has fallen to around $1.57 trillion, pushing the worlds largest cryptocurrency to 13th place among global assets by market value, behind Saudi Aramco and Tesla. The decline follows a sharp price drop over the past week, with bitcoin sliding from near $90,000 to around $78,500, marking a loss of more than 11% in seven days and highlighting renewed volatility in the crypto market. This move is notable because bitcoin…