📉 $BTC Below $73K Again
Another overnight sell-off, with NVIDIA back at the center of the headlines.
The stock dropped more than 8% in after-hours trading following reports that its board is preparing to remove Jensen Huang. He has acknowledged infidelity, while reports of a second affair involving a NVIDIA vice president have added pressure. Crypto weakened alongside the renewed uncertainty around tech.
A leadership change looks increasingly likely to me. The biggest question is who takes over. With no obvious successor, NVIDIA could remain volatile and keep weighing on sentiment across stocks and crypto.
I’m keeping some perspective here. Companies have recovered from disruptive CEO changes before, and there’s room for that outcome once investors get clarity on the transition.
I’d like to see a convincing reversal and a more active market too. For now, I’m continuing to build spot positions while we work through trading setups, arbitrage opportunities, flips and the activities we’ve already shared. We’re also planning to participate in Anthropic pre-IPO. 👀
Another overnight sell-off, with NVIDIA back at the center of the headlines.
The stock dropped more than 8% in after-hours trading following reports that its board is preparing to remove Jensen Huang. He has acknowledged infidelity, while reports of a second affair involving a NVIDIA vice president have added pressure. Crypto weakened alongside the renewed uncertainty around tech.
A leadership change looks increasingly likely to me. The biggest question is who takes over. With no obvious successor, NVIDIA could remain volatile and keep weighing on sentiment across stocks and crypto.
I’m keeping some perspective here. Companies have recovered from disruptive CEO changes before, and there’s room for that outcome once investors get clarity on the transition.
I’d like to see a convincing reversal and a more active market too. For now, I’m continuing to build spot positions while we work through trading setups, arbitrage opportunities, flips and the activities we’ve already shared. We’re also planning to participate in Anthropic pre-IPO. 👀