Bitcoin (BTC) has dropped ten places by market capitalization in a year as the bear market heavily punishes crypto.
Key points:
- Bitcoin has dropped to 15th place in the world’s largest assets by market cap.
- Bitcoin’s market cap is down 50% from its all-time highs in October last year.
- Market cap could take a decade to rebound to its position from April 2025.
Bitcoin market cap may be out of the top five until 2036
Data from monitoring resource Companies Market Cap now places BTC as the 15th largest macro asset.
The largest cryptocurrency currently has a market cap of $1.287 trillion — around 25% below its position a year ago, data from TradingView confirms.
Versus its all-time high in October last year, Bitcoin’s market cap is down 50%.
Bitcoin market cap one-week chart. Source: Cointelegraph/TradingView
The performance means that within the context of global assets, BTC has slid ten places since May 2025.
“For reference, it was 5th place in April 2025, with a market cap of $1.86T, surpassing Alphabet, Google, Silver and Amazon at the time,” ColinTalksCrypto, creator of the YouTube channel of the same name, commented in a post on X.
ColinTalksCrypto predicted Bitcoin returning to the top five, but not for many years.
“This is the nature of a volatile asset that outpaces other assets in the long run,” he concluded.
“I expect BTC will reach the top 5 (again) within 5-10 years.”
Source: Companies Market Cap
Trader: Bitcoin bear market almost 70% complete
In April 2025, BTC/USD put in its low of the year amid uncertainty over US international trade tariffs.
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At around $74,500, the low was unchallenged until early this year, while in February, a new bottom zone was established that is now acting as a local price ceiling.
“The February BTC floor is acting as the June ceiling,” trader and analyst Rekt Capital summarized in an X post on Thursday.
BTC/USD one-week chart. Source: Cointelegraph/TradingView
As Cointelegraph reported, opinions differ over whether BTC price action will continue its rebound from multiyear lows or drop again to resume the bear market.
Rekt Capital is among those who see the bearish trend continuing, in line with historical patterns.
“Bitcoin will very soon be 70% through its current Bear Market,” he told X followers this week.