Silver Surpasses Amazon and Bitcoin in Market Cap at $3.4T

Silver Hits Record $64.64/Ounce, Surpassing Amazon and Bitcoin Market Caps Amid Economic Shift

  • Silver reached an all-time high price of $64.64 per ounce in December 2025.
  • Silver’s market capitalization hit $3.4 trillion, surpassing Amazon‘s $2.4 trillion and Bitcoin‘s $1.8 trillion valuations.
  • Investors moved funds from riskier assets like Bitcoin to precious metals amid economic slowdown.
  • The Federal Reserve’s recent 25 basis point rate cut did not prompt a rise in Bitcoin prices.
  • Bitcoin’s performance may change in 2026 if it follows a projected new cycle, as reported by Grayscale and Bernstein.

Silver trading at a record $64.64 per ounce pushed its global market capitalization to approximately $3.4 trillion by December 2025. This valuation exceeded both Amazon’s market cap of $2.4 trillion and Bitcoin’s $1.8 trillion, as noted by CompaniesMarketCap. The surge reflects a shift as investors moved away from riskier assets during a period of slow economic growth.

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The strong performance in silver and Gold came alongside a consolidation phase in the cryptocurrency market. Many investors favored precious metals over digital currencies like Bitcoin, which did not respond significantly to the Federal Reserve’s recent 25 basis point interest rate cut. This lack of price movement in Bitcoin is attributed to ongoing macroeconomic uncertainties.

The trend of allocating funds toward silver and gold in 2025 may face changes in 2026. Industry analyses by Grayscale and Bernstein suggest Bitcoin could enter a five-year cycle, potentially reaching $150,000 next year and $200,000 by 2027. Such a rise in Bitcoin’s value might lead to some capital returning to cryptocurrencies from precious metals.

The current market dynamics illustrate how economic and monetary factors influence asset preferences between metals and cryptocurrencies, though future movements remain subject to market conditions and volatility.

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