Nvidia Shatters Records with $57B Revenue Surge, Propelling Bitcoin Past $91K

Tech giant's earnings explosion sends crypto markets soaring

Nvidia just dropped a financial nuclear warhead—$57 billion in quarterly revenue that's rewriting the rules of both tech and finance. The chipmaker's staggering performance didn't just impress Wall Street; it sent Bitcoin screaming past the $91,000 barrier in what traders are calling a 'compute-powered rally.'

The AI-to-crypto pipeline ignites

When Nvidia sneezes, the entire digital asset market catches a bull run. Their GPU dominance isn't just fueling artificial intelligence—it's creating a direct correlation with cryptocurrency valuations that's making traditional finance guys scratch their heads. Guess those 'digital gold' skeptics forgot about silicon-powered momentum.

Institutional money follows the silicon trail

Hedge funds and crypto whales aren't stupid—they see the writing on the server rack. Nvidia's earnings report triggered one of the most coordinated buy-ins since the last halving, with Bitcoin volume spiking 300% in Asian trading hours alone. The message is clear: in today's market, you follow the chips if you want to catch the rockets.

Another reminder that while bankers debate interest rates, the real financial revolution is being built on semiconductor real estate—and it doesn't care about your traditional valuation models.

Almost $1 billion in market liquidation

The last few hours have been panic among traders, as in just four hours the market lost over $500 million to liquidations; in fact, about $844 million has been lost in the last 24 hours. Data from Coinglass indicates that the situation affected approximately 222,066 traders. Long traders are in hot waters, as $632 million of the total came from traders who had bet on prices going up while $211.55 came from short position traders. 

This pullback came after weeks of activity from fast-moving traders unwinding positions. The month of October or “Uptober” as it’s called in the crypto space, saw record gains in crypto, but that rally left the market exposed.

Many Leveraged positions were forced to close during a violent liquidation, which shook confidence and reduced liquidity across exchanges. The event left order books thin, making the market sensitive to even modest trading flows.

Even whales have begun to move Bitcoin to crypto exchanges from their cold wallets, and a prime example would be an OG whale, Owen Gunden, who has transferred well over $1B recently, possibly selling his entire portfolio. 

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