Meta Outperforms Bitcoin in 2024

Meta Outperforms Bitcoin in 2024

Meta Platforms Inc. has emerged as a surprising competitor to Bitcoin in 2024, as its year-to-date (YTD) performance nears Bitcoin’s gains, according to Ecoinometrics data. While Bitcoin remains relatively stable with a 38% YTD return, Meta’s stock has surged ahead, boasting a 48% increase so far this year. Meta’s Rise Poses a Challenge to Bitcoin Although Bitcoin has maintained steady progress, its lack of a significant catalyst has limit...

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