Bitcoin Exits Top 10 Global Assets After Market Drop
- Bitcoin BTC -1.53% exits top 10 global assets due to sharp price decline.
- Bitcoin’s market cap now ranks it between 12th and 14th.
- Market affected by significant crypto liquidations over 24 hours.
Bitcoin dropped from the global top 10 assets list on February 1, 2026, after its market capitalization decreased to around $1.56–1.65 trillion.
The decline highlights ongoing volatility, affecting overall market confidence and triggering substantial liquidations amid broader negative cryptocurrency trends.
Bitcoin has fallen out of the top 10 global assets by market cap, following a significant price drop. It now ranges between 12th and 14th, according to data from 8marketcap and CoinMarketCap.
The price fell below $80,000 due to a 5–6.6% fall within 24 hours. This marked a significant dip in Bitcoin’s market standing, affecting investor sentiment.
This decline impacts the broader market, as Bitcoin’s downturn often signals broader challenges for the crypto sector. Liquidations exceeded $2.58 billion within 24 hours, with Bitcoin longs significantly affected.
Market behavior suggests increasing pressures, with selling pressures amplified by outflows from BlackRock’s ETF. The crypto market cap saw a drop to between $2.66 and $2.7 trillion.
While no official statements were made, the sentiment remains cautious. The market’s reaction reflects fear, heightened by global uncertainties.
The market drop may lead to increased regulatory scrutiny and potential shifts in investment strategies. Historically, Bitcoin has recovered, but current trends suggest heightened volatility remains a significant factor. As market analysts often say, Volatility is a feature, not a bug, of crypto markets.
