The monetary markets stay in suspense earlier than the approaching publication of the third quarter outcomes of the corporate Nvidia. The report, scheduled for at present after the US market closes (at roughly 4:00 pm ET), is rising as a figuring out issue for international danger sentiment, with the potential to impression – as a collateral impact – the value of bitcoin (BTC).
The expectation focuses on NVIDIA on account of its dominant place within the manufacturing of specialised chips for Synthetic Intelligence (AI)which makes it the “barometer” of danger urge for food within the know-how sector. A quarterly outcome that doesn’t meet the market’s excessive projections might set off a wave of promoting within the Nasdaq index, impacting the value of bitcoin.
There’s a consensus income estimate for the third quarter that stands at $54.8 billion. Nonetheless, for the shares to react favorably, it could be required—in keeping with monetary analysts—that revenues attain at the least $55 billion. In the event that they solely meet or fall beneath consensus, it is going to be perceived as a slowdown and a worth correction is probably going.
Market analyst Daniel Muvdi assured that “the important thing of the week is Nvidia and it is going to be basic for what occurs out there within the coming days.” Muvdi emphasizes that the corporate “is at very excessive multiples and is sustaining nearly all of the euphoria about synthetic intelligence and the million-dollar contracts they’re making.”
It additionally warns a few panorama of overvaluation. “There are an extreme variety of upside choices close to $200 or past,” he famous.
The danger of a correction within the know-how and bitcoin market
The excessive valuation of know-how, pushed by the AI narrative, exposes the market to an abrupt correction if the outcomes are usually not as anticipated.
Muvdi is emphatic in declaring that “any small error, any small scenario that NVIDIA provides to its earnings negatively might generate a brutal, very sturdy fall in NVIDIA, and that may enormously drag down the inventory market indices and, consequently, bitcoin.”
The implications of a possible NVIDIA correction might be extreme for bitcoin. The analyst warns that if there may be “a breakdown in synthetic intelligence, and the indices fall 20%, bitcoin might fall 40%.”
This danger situation coincides with the latest weak spot of the digital asset. BTC has seen a major drop for the reason that starting of October, shedding greater than 25% from its October 2025 excessive above $126,000. Yesterday, November 18, bitcoin hit a seven-month low beneath $90,000erasing all its beneficial properties for the yr and leaving its annual return at -2.10%.
Muvdi considers that the correlation between the digital asset and danger markets is simple: «Bitcoin shouldn’t be a refuge and it’ll fall, it has been falling with the danger market. In reality, bitcoin is anticipating a sharper drop within the indices. “I believe he’s being the chief of what can come,” he says.
Bitcoin volatility and the FED’s stance
Nonetheless, this volatility shouldn’t be a complete shock. David Coach of New Constructs defined to Bloomberg that “there may be an excessive amount of cash chasing too few shares, and plenty of AI shares are priced far above expectations.”
Coach added that they contemplate that “the inventory market decline in November was a pause, because the market is adapting to a extra practical view of the world.”
Within the digital asset sector, some analysts disagree with the concept of a crypto winter. Researcher Carmelo Alemán factors out that the correction “is a synthetic fall, a compelled fall,” because it doesn’t adjust to the widespread patterns of a protracted bearish cycle.
Alongside the identical traces, analyst Jaime Merino informed CriptoNoticias that “the autumn of bitcoin shouldn’t be a crypto winter. What we’re seeing is a correction inside a a lot bigger bullish pattern.
Whereas consideration focuses on NVIDIA, america Federal Reserve (FED) stays a key consider market liquidity. By its subsequent assembly on December 10, there’s a 48% probability that the FED will resolve to implement a charge lower of 25 foundation factors, whereas 51% count on it to maintain the speed unchanged. NVIDIA’s outcome is not going to solely impression inventory indices, however may even inject a brand new danger variable into the risky bitcoin market.
