If you wonder why Bitcoin (BTC) The price slides over the past two hours, the possible culprit is trading before the market at Wall Street, where Nvidia’s actions (NVDA) fell by almost 3%.
The losses follow an announcement of the Chinese market regulator that NVIDIA would have violated the country’s anti-monopoly laws during its acquisition of the Israeli networking company Mellanox Technologies in 2020.
The regulator said that Nvidia had violated the terms of her conditional approval linked to this acquisition, although the specific details of violations were not disclosed.
The weakness of the NVDA is accompanied by poor prices action on the cryptography market. During the editorial staff, the BTC was negotiated at around $ 114,900, having reached a summit of $ 116,755 earlier in the day. The best tokens associated with artificial intelligence, such as ICP, Render, FET and GRT, exchanged more than 4.5% more dollars 24 hours a day.
The manufacturer of NVDA fleas is the largest listed company in the world in market value and acts as a barometer of the feeling of risks on the financial markets, including cryptocurrencies and tokens linked to AI.
Bitcoin Historically, registered in NVDA, with the two in bottom simultaneously at the end of 2022 to embark on a Bull Run record.
The three -month roller correlation between NVDA and BlackRock Bitcoin ETF was 0.76 on Friday, according to the macroaxis of the data source.
