According to PANews, recent data from 8marketcap reveals that Bitcoin has overtaken silver in global market capitalization rankings. This shift is attributed to the continuous decline in silver prices. Currently, silver's market value stands at approximately $1.662 trillion, experiencing a 7.65% drop over the past 24 hours. As a result, silver now ranks 10th in global asset market capitalization, while Bitcoin has moved up to the 9th position.