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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. However, the digital currency gained 127% year-to-date to hit $66,500 when writing this article, reaching closer to a record high of $66,900, set in late October.
While crypto bulls expect Bitcoin to keep rallying this year and beyond, considering the highly volatile nature of this digital currency, it could be worth watching tech stocks Cloudflare Inc . (NET), Bill.com Holdings Inc. (NYSE:BILL), Asana Inc. (ASAN), and DigitalOcean Holdings Inc. (DOCN), which have widely outperformed bitcoin so far this year.
