Bitcoin slumps as tech giant Palantir (PLTR) rallies to new highs — What gives?


$ 80,814.5
€ 74,476.2
¥ 38,800.0
£ 62,371.9
BTC
-3.39 %
$ 1,860.46
€ 1,714.74
¥ 893.22
£ 1,436.10
ETH
-2.62 %
$ 205.13
€ 189.00
¥ 98.82
£ 158.31
XMR
-1.36 %
$ 87.11
€ 80.26
¥ 41.78
£ 67.23
LTC
-5.09 %

Palantir Technologies rallied 356% over the last 12-months to hit new highs and outperform Bitcoin’s 1-year performance. Are the gains purely speculative?