Nvidia Earnings Spark Bitcoin Selloff as Risk Assets Slide
Nvidia's earnings release and softer-than-expected guidance on Feb. 27 prompted a broad unwind in risk assets, with equities and cryptocurrencies selling off as investors cut exposure. Bitcoin moved lower during the session as traders rotated out of high-beta positions tied to AI and growth, amplifying volatility in spot and derivatives markets.
The episode highlights Nvidia's role as a market bellwether: weak outlooks from major tech names can sap risk appetite and trigger cross-market flows into cash and safer assets. For crypto participants this means heightened short-term risk and possible liquidation pressure; longer-term investors will be watching macro signals and upcoming earnings for signs of renewed demand before re-entering positions.