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


$ 81,926.0
€ 75,589.4
¥ 38,800.0
£ 63,303.3
BTC
-1.63 %
$ 1,893.69
€ 1,746.88
¥ 896.85
£ 1,462.89
ETH
1.30 %
$ 207.75
€ 191.71
¥ 98.47
£ 160.55
XMR
-0.46 %
$ 88.66
€ 81.81
¥ 42.03
£ 68.51
LTC
-0.63 %

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?