Fintech
Bitcoin to Outperform Nvidia, Say Analysts
According to crypto executives, Nvidia’s (NVDA) last decade of outperforming Bitcoin (BTC) will not be repeated. Swan Bitcoin CEO Cory Klippsten and strategist Lyn Alden are inclined towards Bitcoin for the upcoming ten years. Nvidia returned 21,558% from May 2014 to May 2024, whereas Bitcoin did 13,048%. Additionally, Bitcoin outspaced Nvidia, profiting 31.7% vs. 30.2% since the ETF approval in January. Investment analyst Daniel Sempere Pico also questions the risks encountered in the past, while 21st.capital’s Sina sheds light on the broader effects of financial networks. Despite the prevailing optimism, some still predict major corrections for Bitcoin.