Bitcoin slumps as tech giant Palantir (PLTR) rallies to new highs — What gives?

Cointelegraph.com NewsPalantir Technologies rallied 356% over the last 12-months to hit new highs and outperform Bitcoin’s 1-year performance. Are the gains purely speculative? 

​Palantir Technologies rallied 356% over the last 12-months to hit new highs and outperform Bitcoin’s 1-year performance. Are the gains purely speculative?