Bitcoin

Rise

<ul class="news-points">
 <li><strong>Nvidia stock soars, but doubtful of outpace Bitcoin for the next decade.</strong></li>
 <li><strong>Crypto experts predict Bitcoin’s resurgence due to rising institutional interest.</strong></li>
 <li><strong>Spot Bitcoin ETF approvals have set the stage for a Bitcoin bull run.</strong></li>
</ul>
<p>Cryptocurrency experts contend that despite NVIDIA stocks’ outperforming the Bitcoin the past decade, the feat is highly unlikely to repeat itself over the next decade<strong>.</strong> Swan CEO Cory Klippsten highlighted this in a recent X post, responding to data shared by Lyn Alden, founder of Lyn Alden Investment Strategy.</p>
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   <p lang="en" dir="ltr">near zero chance of Nvidia outperforming Bitcoin over the next 10 years</p>— Cory Klippsten <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9a2.png" alt="🦢" class="wp-smiley" style="height: 1em; max-height: 1em;"> #Bitcoin is moral tender (@coryklippsten) <a href="https://twitter.com/coryklippsten/status/1794076518924337442?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 24, 2024</a>
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<p>Alden’s post illustrated that while Bitcoin’s market capitalization grew by 19,920% over the past decade, NVIDIA’s stock gained an impressive 24,840%, exceeding Bitcoin’s performance by roughly 5,000%.</p>
<p><a href="https://www.tradingview.com/x/DK5IaDdO/" target="_blank" rel="noopener noreferrer nofollow">TradingView’s data</a> revealed that NVIDIA’s stock traded for less than $4 in 2014 and experienced gradual growth until 2020 before a breakout to the upside. This breakout coincided with a boom in the AI sector, leading to numerous innovations and the development of AI-related solutio…</p>
<p>The post <a href="https://coinedition.com/will-bitcoin-rise-and-outshine-nvidias-ai-boom-experts-weigh-in/" rel="noopener noreferrer nofollow">Will Bitcoin Rise and Outshine Nvidia’s AI Boom? Experts Weigh In</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Will Bitcoin Rise and Outshine Nvidia’s AI Boom? Experts Weigh In

Coin Edition

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