Bitcoin To Benefit From Nvidia’s $600B Loss and Upcoming Crypto IPOs: Report

Jan 29 2025 crypto


Bitcoin Price Set for $150K High? Analyst Sees 2017 Repeat

The post Bitcoin To Benefit From Nvidia’s $600B Loss and Upcoming Crypto IPOs: Report appeared first on Coinpedia Fintech News

Recently, On January 27, Nvidia’s shares dropped nearly 17%, losing $600 billion in value, marking the largest one-day loss in US stock market history. The decline was sparked by concerns over a new AI model from the Chinese company DeepSeek, which competes with OpenAI’s ChatGPT. What’s important to note here is that, analysts believe that …