Coin expert and social media personality Daniel Markson stated, "Bitcoin's (BTC) market capitalization has decreased to around $1.52 trillion, pushing it out of the top 10 in the global asset rankings." He claimed, "Amid a broader correction in the virtual asset market, Bitcoin has currently fallen to 13th place in the global asset market."

Recently, Bitcoin's market capitalization has been lagging behind not only traditional safe-haven assets like gold and silver, but also all of the so-called 'Magnificent Seven' (M7)—the seven major U.S. tech stocks (Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet, and Tesla).

Outflow of Institutional Funds and Concentration in AI & Tech Stocks The movement of funds by institutional investors is cited as a major reason behind this downward trend. As global macroeconomic uncertainty grows, institutional funds are shifting toward relatively stable defensive assets and large-cap tech stocks backed by solid earnings.

In particular, with Nvidia announcing plans for an additional $150 billion AI infrastructure investment in Taiwan, and Goldman Sachs raising its year-end target for the S&P 500 to 8,000 points, an AI and tech stock-centered stock market boom appears to be absorbing funds from the virtual asset market.

Geopolitical Uncertainty and Regulatory Pressure Additionally, complex factors such as regulatory pressure on virtual assets and uncertainty sparked by the geopolitical negotiations between the United States and Iran are putting downward pressure on Bitcoin's price.

Among market experts, opinions are divided on whether the current downturn represents a bottom following a short-term correction or the beginning of a deep recession indicating further declines.

[This article was written using AI technology and does not constitute investment solicitation or financial advice. Virtual asset investments are subject to high volatility, thus requiring careful decision-making.]