Bitcoin’s weak 2026 performance has coincided with sharp gains in metals and semiconductor giants, raising concerns that the cryptocurrency could continue losing ground.Updated May 27, 2026, 9:33 a.m. Published May 27, 2026, 9:12 a.m. 1 min readMake preferred on Semiconductor (Unsplash)What to know: Bitcoin is down 11% year to date and nearly 30% over the past year, while metals and semiconductor stocks have posted major gains. Gold surged to a record $5,600 per ounce in January before easing back to around $4,486, while silver climbed as high as $120 per ounce and now trades near $76. TSMC and Broadcom have overtaken bitcoin in market capitalization, while Micron Technology recently crossed the $1 trillion valuation mark amid the ongoing AI and semiconductor driven rally.Bitcoin BTC$75,813.04 has fallen to 13th place among the world’s largest global assets after slipping to roughly $76,000, bringing its total market capitalization down to $1.5 trillion.BTC has struggled throughout 2026, falling 11% year to date and nearly 30% over the past 12 months, as investor capital has rotated into other high performing sectors.Precious metals were among the biggest beneficiaries during that period. Gold surged to a record $5,600 per ounce in January before easing back to around $4,486, while silver climbed as high as $120 per ounce and now trades near $76. The rally in metals pushed silver to become the world’s fifth largest asset by market capitalization, highlighting strong demand for traditional safe haven assets amid continued economic uncertainty.The ongoing boom in artificial intelligence (AI) and semiconductor stocks has significantly outpaced bitcoin’s performance. The so-called “Magnificent Seven” technology companies have continued to rally, with the Roundhill Magnificent Seven ETF gaining 33% over the past year. Semiconductor leaders such as Taiwan Semiconductor Manufacturing Company (TSMC) and Broadcom (AVGO) have both surpassed bitcoin in market capitalization, each now valued at around $2 trillion, ranking eighth and ninth globally.Micron Technology (MU) recently became the latest semiconductor company to cross the $1 trillion valuation threshold, while Samsung, valued near $1.3 trillion, now sits just behind bitcoin. More For YouBitcoin hovered below Tom Lee's $76,000 bull-market threshold while hyperliquid and monero bucked broader crypto weakness.What to know: Bitcoin is trading above the $75,000 support level after being rejected at $78,000 on Tuesday, while remaining below the $76,000 threshold that analyst Tom Lee says must hold by month-end to confirm a new bull market.AI-linked tokens, including RENDER, FET and NEAR, gave back much of Tuesday's rally, falling...Read full storyTop Stories