Express

Nvidia's Stock Price Fell Due to the Impact of the Crypto Market

Amy Liu

Summary: The stock of leading cheap maker Nvidia dipped over 2.5 percent during today’s trading session. The cryptocurrency rout might have contributed to the most recent drop given that the company’s business is once again exposed to the level of demand for GPU mining, Barron's reports. The crypto market continued to decline. Bitcoin fell below the ...

The stock of leading cheap maker Nvidia dipped over 2.5 percent during today’s trading session. The cryptocurrency rout might have contributed to the most recent drop given that the company’s business is once again exposed to the level of demand for GPU mining, Barron's reports. The crypto market continued to decline. Bitcoin fell below the $30,000 support level, and the price floated above $29,000, with a daily decline of 3%.

By Amy Liu

Last Update:

Tags: ,,
Link: Nvidia's Stock Price Fell Due to the Impact of the Crypto Market   [Copy]
Next:

Related Articles

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 5 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 10 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago

    • You need to login to comment.