Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Pagla on December 30, 2021, 01:34:12 PM
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The leading flagship digital currency, Bitcoin (BTC), has seen a substantial increase in value in the last year despite the asset’s recent price.
According to Finbold’s Bitcoin ROI tracker, which compares the return on investment of Bitcoin to that of other assets, the flagship digital currency is up 62.43% in the last year, as of December 30, 2021.
Despite Bitcoin’s high rate of return on investment, two well-known equities have outperformed the digital currency during the same period of time on the stock market. Those two companies will be addressed in more depth below, as well as a summary of the reasons why they have generated such impressive returns.
Nvidia (NASDAQ: NVDA) stock
Bitcoin ROI is down 28.83% against Nvidia (NASDAQ: NVDA) in the last year. Despite the fact that Nvidia is such a large company, the firm posted amazing growth rates during its most recent quarter. In the third quarter, sales increased by 50% to $7.1 billion, bringing the company’s 12-month revenue total to $24.3 billion.
More Information (https://cryptonews.net/en/news/bitcoin/2956629/)