Bitcoin prices may see a boost from Nvidia’s massive valuation drop and a pipeline of Initial Public Offerings (IPOs) from prominent cryptocurrency firms, analysts suggest. Shares in chip maker Nvidia closed down nearly 17% on Jan.
Day traders spent last year shoving billions of dollars into leveraged Nvidia Corp. ETFs in a bid to amp up their gains on the hottest stock on the planet. Now those wagers are in peril.
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.
As DeepSeek China AI fears grow and Nvidia stock crashes, savvy investors are searching for the best AI agent crypto to buy now.
Bitcoin might have a shot at outperforming Nvidia over the long run. Yet it also wasn't surprising to see some of those big investors reduce their exposure to the chipmaker after its 2,100% run over the past five years.
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
Nasdaq tumbles as Nvidia leads tech selloff. DeepSeek’s low-cost AI shakes US dominance, impacting Bitcoin, cryptos, and chip stocks. Click for analysis.
Bitcoin surges past $103K after a market dip triggered by DeepSeek’s AI shock. Institutional accumulation grows, with BTC targeting $150K.
Former Intel CEO Pat Gelsinger has gone further on his DeepSeek commentary, saying in a post on LinkedIn that he has purchased shares of Nvidia and other AI-related stocks due to the development. Read more here.
Crypto-centric stocks like NVDA, HOOD, SHOP, IBKR and COIN are likely to benefit from the ongoing Bitcoin rally.
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.