Silver has now overtaken Nvidia to become the second most valuable asset globally, driven by a sharp surge in price, and this unexpected shift has created ripples across global markets as it marks a shift in capital movement from digital to physical assets, especially since gold remains firmly at the top with a market capitalization of $31.3 trillion.
Silver has now surpassed Nvidia in total market value following a rapid 5% price increase in a single trading day.
This upward move propelled silver’s market capitalization above Nvidia’s $4.558 trillion, positioning it just behind gold.
According to analysts, silver has effectively become both a commodity and a tech-linked asset due to surging industrial demand.
Silver’s price volatility has begun to attract short-term traders who previously preferred cryptocurrencies like Bitcoin for aggressive price movement.
Now acting like “leveraged gold,” silver is gaining momentum as investors seek real-world utility over speculative digital assets.
Citi and Oxford Economics emphasized silver’s growing role in semiconductors, linking its demand to the AI and chip infrastructure boom.
Nvidia now ranks as the third most valuable asset globally after being briefly the second, just ahead of Apple and Microsoft.
Although Nvidia maintains its leadership in AI and chipmaking, the rotation into physical assets has weakened its relative position.
“Traders are rotating out of digital and into physical value stores,” said one commodities analyst tracking recent capital flows.
Nvidia’s valuation of $4.558 trillion still places it ahead of major tech giants, but the company now trails silver’s renewed valuation.
Market watchers are now closely observing whether Nvidia will reclaim its second-place position if tech equities rebound further.
In recent weeks, Nvidia’s stock experienced slower upward momentum compared to the rapid gains in industrial commodities.
The shift comes as energy usage and heat management in AI servers push silver demand in high-tech infrastructure.
Bitcoin has dropped to the eighth position in the global asset ranking with a market capitalization of $1.844 trillion.
The top cryptocurrency now lags behind silver, Nvidia, and leading U.S. tech firms including Microsoft, Apple, and Amazon.
Bitcoin maximalists, who label it “digital gold,” are now watching silver outperform the cryptocurrency in terms of returns.
“Silver is moving like crypto, but it’s real,” said one commodity trader who shifted positions from Bitcoin last week.
Short-term traders are now treating silver as a speculative vehicle, drawn by its rapid price movements and physical utility.
Bitcoin once attracted traders seeking volatility, but silver now provides similar movement with industrial backing.
Traders now view silver as a more dynamic asset, combining both volatility and demand in high-performance applications.
The recent 5% single-day rise in silver has outpaced most crypto gains over the same period.
As of today, gold leads global assets, followed by silver, Nvidia, Apple, Microsoft, Alphabet, Amazon, and Bitcoin.
The post Bitcoin Slips to Eighth as Silver Surges Past Tech Giant Nvidia appeared first on CoinCentral.

