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