Bitcoin has reached an all-time high, but NVIDIA has dramatically outperformed it over the past five years – NVIDIA (NASDAQ:NVDA)

Bitcoin may be making headlines for hitting an all-time high after the US presidential election, but there is an even more impressive success story unfolding. As the world’s most popular cryptocurrency approaches the $100,000 milestone, Nvidia NVDA It has significantly outperformed Bitcoin over the past five years.

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Bitcoin has had a great year. It has continued to rise rapidly since the 2024 presidential election, recently hitting $93,434.36, moving it closer to the coveted six-figure level.

Regulatory changes, increased interest from institutional investors, and pro-crypto sentiment, especially from future US leadership, all contributed to Bitcoin’s rise. The enthusiasm is clear, with many analysts now predicting it will reach $100,000 sooner rather than later.

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However, while Bitcoin has garnered attention, Nvidia’s stock price has outperformed it. On November 14th, NVIDIA stock closed at $146.27, marking an impressive 2,768% gain over the past five years. To put things into perspective, Bitcoin has increased by approximately 973% during this period. While this is notable, it’s still quite small compared to Nvidia’s massive growth.

The technology sector currently relies heavily on Nvidia. The company’s purpose-built chips are in high demand as artificial intelligence (AI) becomes a more important component in everything from data centers to consumer products. The company has experienced rapid growth, and its stock price has followed suit.

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Nvidia joins Dow

Some of Nvidia’s recent accomplishments include replacing Intel in the Dow Jones Industrial Average. This move emphasizes the continued transition to AI technology and firmly establishes Nvidia as a significant force in the technology space. With a market capitalization of $3.43 trillion, Nvidia recently surpassed Apple to become the world’s most valuable company.

Analysts remain bullish on NVIDIA, citing its continued dominance in AI chips and overall growth in AI technology. The company’s future looks bright, with analysts setting price targets that suggest further upside potential for investors.

Bitcoin’s rise to an all-time high is definitely something to celebrate, but Nvidia’s performance over the past five years is truly remarkable. Both Nvidia and Bitcoin have delivered incredible returns to investors, but Nvidia has become one of the market leaders due to its steady expansion and growing demand for its products. Benzinga Pro lets you stay up to date on the latest NVIDIA options trades with real-time alerts.

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