On Thursday, silver has recently witnessed a notable upswing in terms of market capitalization. In this respect, silver has outcompeted Microsoft, getting the top-5th position when it comes to market capitalization. As per NDTV Profit’s analysis, silver’s surge above Microsoft underscores a crucial breakpoint in the worldwide asset rankings. Hence, the respective turning point could significantly influence the crypto market and its further trajectory as 2025 is coming to a close.
Silver Outperforms Microsoft in Market Cap with 5.69% Rally
In line with the latest market insights, silver has gone through a massive 5.69% surge in daily gains, outperforming Microsoft in market cap. As a result of this, silver now claims the 5th rank in the case of market capitalization. Keeping this in view, the market members are closely watching for the potential implications of this development.
Particularly, the latest daily spike in silver’s profits has placed its market capitalization at $3.631T. On the other hand, Microsoft lags behind while accounting for $3.571T. At the same time, silver is currently changing hands at $63.5 per oz, presenting a 4.83% rise over twenty-four hours.
Gold Leads with $29.991T While Bitcoin Stands at $1.803T
Simultaneously, gold ($GOLD) maintains its top position at the $29.991T mark while showing a 2.10% increase. Following that, NVIDIA ($NVDA) is the 2nd top asset with its market cap hitting $4.356T after a 2.65% dip. Subsequently, Apple ($APPL) and Alphabet ($GOOG) have recorded 0.42% and 1.57% drops to attain 3rd and 4th positions at $4.119T and $3.814T.
According to NDTV Profit, coming after silver ($SILVER) and Microsoft ($MSFT), Amazon ($AMZN) and Broadcom ($AVGO) stand at $1.912T and $1.803T with 0.92% and 1.91% slumps. The next spot is reportedly occupied by the leading crypto asset, Bitcoin ($BTC), with its market cap hitting $1.803T led by a 2.21% drop. It precedes Meta Platforms ($META), which has slumped by 0.14% to reach $1.636T in market cap.
Source: https://blockchainreporter.net/silver-surpasses-microsoft-to-become-5th-biggest-asset-based-on-market-cap/
