QCP Capital raised concerns that Nvidia’s earnings report could impact the crypto market, especially if US stocks continue to slide. The firm’s insights suggest that the Federal Reserve’s trajectory may change, adding to market uncertainty.
Nvidia’s earnings will be pivotal, with AI investment at risk as a recent study indicates that 95% of AI initiatives might be unprofitable, hinting at potential revenue growth challenges. Weakness in BTC may arise from selling by large holders if traditional stocks fail to perform.
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