Bitcoin Drops from Top 10 Global Assets as Price Slumps Under $80,000: Market Cap Analysis

Bitcoin (BTC) has exited the ranking of the world's top 10 assets by market capitalization following a significant price correction that pushed its value below the $80,000 threshold. This shift highlights the volatile nature of cryptocurrency markets compared to traditional assets like gold and major corporate stocks. The drop in BTC's market cap reflects broader market sentiment and profit-taking after recent rallies. Analysts are monitoring key support levels to gauge whether this is a short-term consolidation or the start of a deeper trend. The event underscores the dynamic competition between digital and traditional stores of value in the global financial landscape.