🚨 $BTC under threat? Jensen Huang exits NVIDIA—Will hashpower crumble?
NVIDIA’s co‑founder and CEO Jensen Huang stepped down, shaking the backbone of GPU supply for miners. With the market already in a risk‑off mode, miners fear a slowdown in new GPU rollouts and potential price pressure on existing rigs.
📊 Market & Token Impact
• $BTC slipped ~2.2% to $72,158, testing the $71,500 support zone.
• $ETH echoed the move, down ~2.3% at $2,012, eyeing the $1,990‑$2,010 range.
• 24‑hour $BTC volume topped $1.1 B (≈1,113,055,051 USDT), showing strong trader activity.
⚡️ Risk/Reward
If mining supply tightens, $BTC could test $68k lows; a quick rebound may push it back toward $74k resistance.
What’s your take on the mining outlook? Drop a comment below 👇
$BTC $ETH #Crypto #Mining #Bitcoin
NVIDIA’s co‑founder and CEO Jensen Huang stepped down, shaking the backbone of GPU supply for miners. With the market already in a risk‑off mode, miners fear a slowdown in new GPU rollouts and potential price pressure on existing rigs.
📊 Market & Token Impact
• $BTC slipped ~2.2% to $72,158, testing the $71,500 support zone.
• $ETH echoed the move, down ~2.3% at $2,012, eyeing the $1,990‑$2,010 range.
• 24‑hour $BTC volume topped $1.1 B (≈1,113,055,051 USDT), showing strong trader activity.
⚡️ Risk/Reward
If mining supply tightens, $BTC could test $68k lows; a quick rebound may push it back toward $74k resistance.
What’s your take on the mining outlook? Drop a comment below 👇
$BTC $ETH #Crypto #Mining #Bitcoin
