Apple shares rally surpasses Bitcoin in 2021

by in Cryptocurrency News

Apple

Shares of the American corporation Apple over the past year rose 40%. During the same period, the first cryptocurrency has risen in price by 38%.

In the middle of the first day of trading in 2022, the iPhone manufacturer's shares rose almost 3% to $ 182.86. As a result, Apple became the first company in the world with a capitalization of over $ 3 trillion.

Later, Apple's stock price fell below $182, and the company's market value was $ 2.986 trillion.

Bitcoin's current capitalization is $ 878 billion.

Trending: Finder: Bitcoin could hit $80,000 by 2025

The chart below shows that the price of digital gold was more volatile last year compared to Apple stock.

The Bitcoin price drawdown exceeded 50% from April to July. The correction to the historical maximum reached in November amounted to 31%. In comparison, Apple's stock price dropped by about 19% at the beginning of the year.

The screenshot below shows a comparison of bitcoin capitalization with the indicators of the largest public companies.