The AI trade just cracked — and crypto felt it the same day. 🤖
The Nvidia story moved again over the weekend: Jensen Huang admitted to staff on Sunday he was unfaithful to his wife, and Nvidia's board opened an independent investigation into reports he was targeted by a foreign intelligence operation.
• Nvidia fell 9.3% in Thursday's rout; chip stocks had their worst session in years
• The Nasdaq fell 5.5% in the same session and entered correction territory
• AI stocks have now erased $13.2 trillion from their 2026 highs
• $BTC is at $74,300, down 2.1% in 24h, sitting just above its $73,510 low
Three House committee chairs have now asked Huang to attend a closed-door briefing on Nov 18 — he has to reply by Nov 11. Nvidia says it has no reason to believe secrets were compromised, but the questions are not going away.
And there's more pressure coming: US Senator Blumenthal has sent letters to Binance, Tether and others demanding records by Jan 4, 2027.
Crypto increasingly trades like high-growth tech when big investors adjust risk. That's why a chip scandal can move $BTC .
Did you expect a chip scandal to hit your coins this hard?
#Crypto #Nvidia #Bitcoin
Not financial advice.
The Nvidia story moved again over the weekend: Jensen Huang admitted to staff on Sunday he was unfaithful to his wife, and Nvidia's board opened an independent investigation into reports he was targeted by a foreign intelligence operation.
• Nvidia fell 9.3% in Thursday's rout; chip stocks had their worst session in years
• The Nasdaq fell 5.5% in the same session and entered correction territory
• AI stocks have now erased $13.2 trillion from their 2026 highs
• $BTC is at $74,300, down 2.1% in 24h, sitting just above its $73,510 low
Three House committee chairs have now asked Huang to attend a closed-door briefing on Nov 18 — he has to reply by Nov 11. Nvidia says it has no reason to believe secrets were compromised, but the questions are not going away.
And there's more pressure coming: US Senator Blumenthal has sent letters to Binance, Tether and others demanding records by Jan 4, 2027.
Crypto increasingly trades like high-growth tech when big investors adjust risk. That's why a chip scandal can move $BTC .
Did you expect a chip scandal to hit your coins this hard?
#Crypto #Nvidia #Bitcoin
Not financial advice.
