Fintech
Bitcoin will overtake Nvidia, analysts say
The past decade of Nvidia (NVDA) outperforming Bitcoin (BTC) will not be repeated, according to crypto industry executives. Swan Bitcoin CEO Cory Klippsten and strategist Lyn Alden are leaning towards Bitcoin for the next ten years. Nvidia returned 21,558% from May 2014 to May 2024, while Bitcoin gained 13,048%. Additionally, Bitcoin has outpaced Nvidia, gaining 31.7% versus 30.2% since the ETF’s 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.