đ€Ż THE NVIDIA SCANDAL JUST WIPED $1 BILLION OFF CRYPTO
Bitcoin plunged to ~$73,500 â its lowest since August â after Nvidia's board opened an investigation into CEO Jensen Huang. NVDA slid 4% pre-market and the shockwave hit crypto hard. đ
Over $1.2 BILLION in leveraged positions got liquidated in 24 hours â $1.04B of it longs. ETH traders took the worst hit at $507M, more than Bitcoin's $324M. đ±
But BTC bounced back above $75,000 and is holding near ~$74,800 â still clinging above its 200-day average near $73,150. The bulls are defending the line.
Is this the bottom â or just a pause before the next flush? đ
#Bitcoin #BTC #Crypto
Bitcoin plunged to ~$73,500 â its lowest since August â after Nvidia's board opened an investigation into CEO Jensen Huang. NVDA slid 4% pre-market and the shockwave hit crypto hard. đ
Over $1.2 BILLION in leveraged positions got liquidated in 24 hours â $1.04B of it longs. ETH traders took the worst hit at $507M, more than Bitcoin's $324M. đ±
But BTC bounced back above $75,000 and is holding near ~$74,800 â still clinging above its 200-day average near $73,150. The bulls are defending the line.
Is this the bottom â or just a pause before the next flush? đ
#Bitcoin #BTC #Crypto