Bitcoin started the week on a positive note climbing more than 5% today, to $66,500. This represents a year-to-date gain of 127%. However, tech stocks Cloudflare (NYSE:NET), Bill.com (BILL), Asana (ASAN), and Digital Ocean (DOCN) have actually outperformed Bitcoin in 2021. So, it could be worth adding these stocks to your watchlist.People were locked in their homes through the better part of last year due to the COVID-19 related restrictions. The remote lifestyle led to many new investors flocking to trading not only stocks and options but also cryptocurrencies, which have been skyrocketing since 2020.
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.