In a single day, over 172,000 traders were liquidated as Bitcoin’s losses mounted, pushing it out of the world’s top 10 largest assets by market cap. Bitcoin now ranks 13th, behind gold, NVIDIA, Apple, Microsoft, silver, and others.
Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn
Longs Take The Brunt
Total crypto liquidations reached $921 million in 24 hours, with Bitcoin alone accounting for $352 million. Ethereum followed at $241 million, while XRP, ZEC, HYPE, SUI, DOGE, and NEAR made up the rest. Long positions accounted for over 90% of all liquidations, showing that traders had bet on a price recovery that never happened — leading to forced selling rather than new bearish bets. Four-hour liquidations hit $95 million, with longs at $55 million and shorts at $39 million. Across exchanges, Hyperliquid and Bybit saw heavy long liquidations, OKX leaned toward short liquidations, and Binance had equal long and short positions.
At the time of writing, Bitcoin was trading around $73,125, down 1.70% in 24 hours and 5% over the past week. Its intraday range was between $72,485 and a high of $75,280.
A Wider Market Slide
The broader crypto market followed the same trend. Ethereum dropped 5.60% over the week, BNB fell 2.50%, and XRP declined 3.15%, according to Coingecko data. Tether slipped just 0.005%. Meanwhile, gold held the top spot globally with a market cap over $31 trillion, based on CompaniesMarketCap data. NVIDIA, Google, Apple, and Microsoft followed. AI-driven demand has kept NVIDIA and Broadcom among the stronger performers in recent months, while gold and silver have attracted buyers looking for stability.
Bitcoin’s total market cap is now about $1.47 trillion — impressive by most standards, but no longer enough to keep it in the top 10 alongside the world’s biggest companies and commodities.
Related Reading: Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO
Bearish Signals Across The Board
Technical indicators paint a gloomy picture. On the 1-day chart, moving averages from 10 to 200 periods all point to negative momentum, according to TradingView data. The oscillator group is mixed — the RSI sits at 36, which is considered neutral, but two other oscillators are flashing sell signals.
Whether Bitcoin can climb back into the top 10 will depend heavily on price action in the weeks ahead. Reports suggest that a sustained move above $75,000 could help restore market confidence, while a break below key support levels may extend the current decline.
Featured image from Bitpanda Blog, chart from TradingView
Frequently Asked Questions
Here is a list of FAQs about Bitcoin falling out of the top 10 cryptocurrencies by market cap
BeginnerLevel Questions
Q Wait Bitcoin is no longer in the top 10 What happened
A Yes due to massive shifts in the crypto market other cryptocurrencies have grown so fast in value that their total market cap has surpassed Bitcoins Its a sign of how diverse and competitive the market has become
Q Does this mean Bitcoin is dead or worthless now
A Not at all Bitcoin is still the most recognized and decentralized cryptocurrency Its just that other coins have seen explosive growth pushing Bitcoin down the ranking Its value is still significant but its no longer the absolute giant it once was
Q What is market cap and why does it matter for the ranking
A Market cap is the total value of all coins in circulation Its used to rank cryptocurrencies by size When Bitcoins market cap is overtaken by others it simply means those other coins are now collectively worth more
Q Which coins overtook Bitcoin
A The specific list changes daily but examples often include newer meme coins fast blockchains or projects with huge hype The key is that they grew faster than Bitcoin in a short time
Q Should I sell my Bitcoin now
A That depends on your personal strategy Bitcoins ranking doesnt automatically make it a bad investment Its still the most secure and established crypto Many experts see this as a temporary market trend not a permanent decline
AdvancedLevel Questions
Q What exactly caused Bitcoin to drop out of the top 10
A A combination of factors A massive surge in speculative trading around lowcap meme coins new blockchain projects offering fastercheaper transactions and a general market shift away from store of value narratives toward utility and hype Bitcoins price stayed relatively stable while others skyrocketed
Q Is this a sign that Bitcoins digital gold narrative is failing