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These 4 Tech Stocks are Outperforming Bitcoin in 2021 -Breaking

by Mike Robinson

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© Reuters. These Tech Stocks Outperform Bitcoin in 2021

The week started on a positive note, with the stock market rising more than 5% to $66,500 today. It represents an increase of 127% for the year. But, in 2021 tech stocks Cloudflare and Bill.com (BILL), Asana(ASAN), Digital Ocean (DOCN), and Bill.com (BILL) actually beat Bitcoin. It might be worthwhile to add these stocks to your watchlist. People were trapped in their houses for much of 2018 due to COVID-19-related restrictions. Many new investors began trading cryptocurrencies and stocks, despite their remote location. This has been a trend that’s continued since 2020.

Bitcoin, the most popular digital currency globally, experienced some significant volatility the past year on investors’ concerns over China’s ban and different hacks and thefts. The digital currency has seen a 127% increase in value over the past year to reach $66,500 at the time of writing. This is close to the record low of $66,900 set in October.

Although crypto bulls anticipate Bitcoin will continue to rally this year, due to the volatile nature this digital currency it might be worthwhile keeping an eye on tech stocks Cloudflare Inc . (NET), Bill.com Holdings Inc. NYSE:), Asana Inc. (ASAN) and DigitalOcean Holdings Inc. DOCN have all outperformed Bitcoin so far this season.

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