Silver Surpasses Bitcoin’s Market Cap, Nears NVIDIA’s Position

Silver, with a market cap of $4.485 trillion as of December 2025, ranks third globally, edging close to NVIDIA’s market cap, according to third-party sources.

Silver’s surge, driven by industrial demand and ETF inflows, prompts attention as it approaches crucial market cap milestones, yet no direct impact on cryptocurrency assets like Bitcoin or Ethereum.

Silver’s Market Ascendancy

Silver has made a significant impact by reaching the 3rd position in global market cap rankings. Its valuation of $4.485 trillion is just behind NVIDIA’s $4.638 trillion, affirming its rising influence in financial markets. Despite high industrial demand, no crypto industry leaders have confirmed the figures. Silver’s market position, sustained by third-party data sources, highlights its strong investment allure but lacks direct quotes from major industry players.

Investor Reactions

The ascent of silver’s market cap has led to notable discussions among investors and analysts. While traditional assets like silver are surging, cryptocurrencies continue to maintain steady positions amidst this shift. Financial impacts are centered around silver’s growing demand, particularly in industrial applications. This unique market development may prompt adjustments in investment portfolios and trading approaches, given its competitive positioning above Bitcoin and others.

“Instead of sellers stepping in aggressively, both gold and silver continue to attract buying into strength.” – Ahmad Assiri, Strategist, Pepperstone Group

Market Dynamics and Future Implications

As of now, neither financial institutions nor regulatory bodies have made specific statements about silver’s market rise. There are no reports of changes in government policies directly related to this asset’s ranking. Historically, silver has shown periods of notable volatility and value increase. This trend prompts industry experts to anticipate further shifts in market dynamics, with significant implications for investors and the overall financial landscape.