Silver Market Cap Surpasses Bitcoin by 3.5x, Reaching $6.15 Trillion

2026-01-26 19:01

Silver's market capitalization has surged to $6.149 trillion, surpassing Bitcoin's $1.754 trillion by 3.5 times. This increase follows a 257% year-on-year rise in silver's value, with spot prices breaking $110 per troy ounce. In contrast, Bitcoin's market cap has decreased by 14% over the same period. Notably, Bitcoin's market cap was ahead of silver's six months ago, but a decline in Bitcoin's value has shifted the balance. Some analysts suggest that the rise in silver may be due to short squeezes, potentially leading to future capital shifts back to cryptocurrencies like Bitcoin and Ethereum.

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