Nvidia’s $5T Milestone Puts U.S. Stocks Ahead of Bitcoin in 2025 Performance
29/10/2025
Bitcoin’s year-to-date gains have now fallen behind major U.S. stock benchmarks, as Nvidia’s record-breaking rally continues to drive equity markets higher.
While bitcoin (BTC) traded near $109,990, slipping slightly on Tuesday, the S&P 500 climbed 17% year-to-date, overtaking BTC’s 16% advance. The Nasdaq Composite has extended its lead with a 24% gain, while gold remains the top-performing major asset, up an impressive 50% in 2025.
The surge in equities has been powered by the so-called “Magnificent Seven” tech giants—led by Nvidia (NVDA), whose shares have jumped 17% over the past five days. A string of AI-related partnership deals has lifted Nvidia’s market capitalization above $5 trillion as of early Wednesday, setting a new milestone for the semiconductor powerhouse.
Microsoft (MSFT) and Apple (AAPL) remain just behind, each valued near $4 trillion, underscoring the dominance of megacap tech in this year’s stock rally.
According to data from Hedgie Markets, Nvidia alone has contributed nearly 20% of the S&P 500’s total gains in 2025 and now makes up 8.3% of the index’s overall weighting. For perspective, Nvidia’s market value now exceeds the combined capitalization of AMD, Arm Holdings, ASML, Broadcom, Intel, Lam Research, Micron, Qualcomm, and Taiwan Semiconductor, according to Dow Jones Market Data.
The company’s explosive growth mirrors the rapid evolution of the artificial intelligence sector. On Tuesday, Nvidia announced a wave of new deals, including collaborations with Palantir (PLTR) and Samsung, a $1 billion investment in Nokia, and a potential U.S. Department of Energy partnership to build next-generation supercomputers.
Trading early Wednesday reflected that momentum — the Nasdaq rose 0.5%, Nvidia gained 4.6%, and bitcoin slipped back below $113,000, about 10% off its all-time high.
