Bitcoin’s market capitalisation ranking slid over the past year from the global top five assets to 15th. Cointelegraph reported on June 18 that Bitcoin’s market-cap ranking has dropped 10 places since May 2025 due to the impact of a bear market.

Bitcoin’s market cap now stands at $1.287 trillion. By TradingView’s measure, it is down about 25 percent from a year ago and 50 percent lower than the record high hit in October last year. Across global assets, Bitcoin is counted as the 15th largest by market capitalisation.

As recently as April 2025, Bitcoin ranked fifth with a market cap of $1.86 trillion. At the time it overtook Alphabet, Google, silver and Amazon. Colin Talks Crypto (콜린토크스크립토), a YouTube channel operator, reviewed the situation in a post on X, saying Bitcoin could climb back into the top five but that the timing could be years away. He called Bitcoin an asset that outpaces others over the long term but is highly volatile.

Price action has also aligned with the bear-market phase. Bitcoin hit its yearly low in April 2025 amid uncertainty over U.S. international trade tariffs. The low was about $74,500, and that level held until early this year.

A new floor formed in February, but it is now acting instead as a short-term ceiling. Trader and analyst Rect Capital (렉트캐피털) said on X, "Bitcoin’s February floor is acting as June’s ceiling." That means a level seen as a rebound zone has turned into resistance, limiting upside momentum.

The market is split on whether Bitcoin will extend its rebound from a multi-year low or fall again and resume the bear market. Still, Rect Capital put more weight on the likelihood the downtrend continues, citing a similar past pattern. He said recently on X, "Bitcoin is set to pass the 70 percent point of the current bear market very soon."

Attention is therefore focused on whether the bear market is truly entering an ending phase or whether the price will fall again after a rebound. With the market-cap ranking decline and the formation of price resistance happening at the same time, Cointelegraph reported that the view is gaining ground that Bitcoin will need time and additional price recovery to return to the top ranks of global assets.