Bitcoin's Market Cap Falls to 18th in Global Asset Rankings

According to 8MarketCap data, Bitcoin's market cap has been surpassed by the Vanguard S&P 500 ETF, Eli Lilly, and Berkshire Hathaway, dropping to 18th place in the global asset market cap rankings. Its market cap now stands at approximately $1.259 trillion, down 8.28% in 24 hours and 17.23% over the past 7 days.