Bitcoin has fallen to become the 13th largest asset as investments migrate towards AI and precious metals. The cryptocurrency’s lackluster performance in 2026 has coincided with significant increases in metals and semiconductor giants, raising worries that Bitcoin might keep losing its position. What to know: — Bitcoin is down 11% year-to-date and nearly 30% over the past year, while metals and semiconductor stocks have seen substantial gains. — Gold peaked at a record $5,600 per ounce in January before settling back to approximately $4,486, while silver reached as high as $120 per ounce and is currently trading near $76. — TSMC and Broadcom have surpassed Bitcoin in market cap, and Micron Technology has recently crossed the $1 trillion valuation mark amid the ongoing AI and semiconductor-driven rally. Bitcoin BTC has faced challenges throughout 2026, experiencing an 11% decline year-to-date and nearly a 30% drop over the last 12 months, as investor capital has shifted towards other high-performing sectors. Precious metals have been among the major beneficiaries during this time. Gold surged to a record $5,600 per ounce in January, before easing back to around $4,486, while silver climbed as high as $120 per ounce and now trades near $76. The surge in metals has propelled silver to become the fifth largest asset globally by market capitalization, underscoring strong demand for traditional safe-haven assets amid ongoing economic uncertainties. The current boom in artificial intelligence (AI) and semiconductor stocks has significantly outperformed Bitcoin’s performance. The so-called «Magnificent Seven» technology firms have continued to rise, with the Roundhill Magnificent Seven ETF gaining 33% over the past year. Semiconductor leaders such as Taiwan Semiconductor Manufacturing Company (TSMC) and Broadcom (AVGO) have both eclipsed Bitcoin in market capitalization, each currently valued at around $2 trillion, ranking eighth and ninth globally. Micron Technology (MU) has recently become the latest semiconductor firm to cross the $1 trillion valuation threshold, while Samsung, valued at approximately $1.3 trillion, now sits just behind Bitcoin.