Silver overtakes Microsoft to become the world’s 5th-largest asset by market cap

Silver has surpassed Microsoft to become the world's fifth-largest asset by market capitalization, reaching $3.59 trillion after breaking $63 for the first time. This record rally, which represents a gain of over 150% since early 2024, is attributed to investor demand for inflation hedges and industrial alternatives to gold and digital assets. The latest surge was triggered by the US Federal Reserve's recent 25 basis point rate cut, leading to aggressive bullish positioning in metals markets. Silver now ranks ahead of Microsoft ($3.6 trillion) and Amazon ($2.5 trillion) and is approaching Alphabet's valuation of $3.8 trillion, marking its first return to record territory since 2011.

(Source：Crypto Briefing)