When $NVDAB drops due to idiosyncratic headlines, the correlation breaks down quickly. When Nvidia shares slid 6% in early trading following allegations surrounding CEO Jensen Huang, $BTC initially dipped to $73,500 but quickly rebounded above $75,000 as the broader Nasdaq rallied.
Watch the Nasdaq, not just Nvidia. If a headline hurts Nvidia alone while the broader Nasdaq holds steady, Bitcoin historically shakes off the initial volatility within hours.
#NvidiaInvestigatesAfterHuang’sAffairApology
Watch the Nasdaq, not just Nvidia. If a headline hurts Nvidia alone while the broader Nasdaq holds steady, Bitcoin historically shakes off the initial volatility within hours.
#NvidiaInvestigatesAfterHuang’sAffairApology