Bitcoin has been known for having explosive bull markets that provide outsized gains, exponentially higher than traditional stock market indices.

Crypto vs Stock Market Indices.

As you can see in the below 2-year chart, the S&P 500, Dow Jones Industrial Average, and NASDAQ all barely appear visible at the bottom of the chart, looking virtually flat vs Bitcoin, which has seen three-figure percentage returns during most recent rallies.

Crypto vs Tech Stocks.

However, let's take a look at how Bitcoin, a single crypto asset, performs against individual technology stocks that have had explosive years of their own in recent past. In the 2 year chart below, we plotted Bitcoin against top NASDAQ large-cap performers such as Tesla, Apple, Amazon, Facebook, and GameStop to see how their performances measure up against Bitcoin in recent times.

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As you can see, big tech has had phenomenal returns this year last and last relative to a traditional index fund or stock market index yearly return. In fact, over the past 12 months Tesla and Gamestop have even outperformed Bitcoin, though you have to take Gamestop's eye-popping global spectacle with a grain of salt. Still, Elon Musk's Tesla has been a worthy rival of Bitcoin and also has a huge TAM (Total Addressable Market) for it grow and seize market share from incumbent traditional motor vehicle producers.
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Conclusion:

Despite crypto's volatility, crypto large-caps such as Bitcoin have proven and continue to outperform or perform amongst even the best hand-picked stock market indices and individual high-growth stocks by multiples, providing investors with exorbitant gains and growing at tremendous rates.