Bitcoin Recovers Slightly After Upbeat Nvidia Earnings
November 20, 2025
Bitcoin recovered slightly after upbeat earnings from Nvidia eased worries about heavy artificial-intelligence spending that recently weighed on markets.
“It’s fair to say that Nvidia’s results have completely changed the market mood and pushed out any [AI] bubble fears for another day,” Deutsche Bank analysts said in a note. Bitcoin rose 1.9% to $92,255, according to LSEG.
It reached a seven-month low of $88,526 on Wednesday amid investor jitters ahead of Nvidia’s results. The low also reflected reduced expectations for another interest rate cut by the Federal Reserve in December. This followed news that the full October jobs data won’t be released and the Fed’s meeting minutes that showed many officials leaned against a December cut.
Search
RECENT PRESS RELEASES
Related Post
