Taking a look at year-to-date performance across major asset classes reveals quite a contrast. The tech giants have been leading the charge—Alphabet's up 62.2%, NVIDIA's climbing at 37%, while the broader Nasdaq 100 sits at 18.7% and the S&P 500 at 15.6%. Microsoft grabbed 12.8%, Meta's trailing at 9.6%, and Tesla, Apple, Amazon are all in single digits territory (7.5%, 7.1%, 3.5% respectively).

Now flip to crypto, and the picture shifts dramatically. Bitcoin's down 6.4% year-to-date, which tells you something about how traditional equities have been outpacing digital assets lately. When you factor in specific trading strategies that have returned -52.5%, it underscores just how volatile and challenging the crypto markets have been this year compared to the mega-cap tech rally. The divergence between traditional tech stocks' explosive gains and Bitcoin's negative performance highlights the very different momentum driving each asset class right now.