{"id":25479,"date":"2026-02-26T19:08:13","date_gmt":"2026-02-26T19:08:13","guid":{"rendered":"https:\/\/microvibenews.com\/?p=25479"},"modified":"2026-02-26T19:08:13","modified_gmt":"2026-02-26T19:08:13","slug":"bitcoin-rides-nvidia-wave-to-spike-above-70000-before-pulling-back","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=25479","title":{"rendered":"Bitcoin rides Nvidia wave to spike above $70,000 before pulling back"},"content":{"rendered":"

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Bitcoin rose and then fell following Nvidia\u2019s earnings release on Wednesday afternoon, mirroring the behavior of the broader market. The Silicon Valley chip behemoth posted better than expected results for its fourth quarter, briefly causing its stock to rise 1%, and caused Bitcoin to shoot above $70,000 for the first time in weeks.<\/p>\n

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That all changed on Thursday morning. Bitcoin sank to about $66,000, and Nvidia\u2019s stock plummeted about 5%, dragging the S&P 500 and other major indexes down with it. Despite the tech company\u2019s strong earnings, investors remain wary of a potential artificial intelligence infrastructure bubble.\u00a0<\/p>\n

\u201cRisk appetite remains the dominant headwind across asset classes,\u201d said Matt Howells-Barby, VP at Kraken. \u201cThe relatively muted response in equities following Nvidia\u2019s earnings reinforced that cautious tone, and any additional negative catalysts could weigh further on risk assets, including crypto.\u201d\u00a0<\/p>\n

The price of Bitcoin tracking the traditional stock market is the latest sign that the original cryptocurrency is not acting like a risk-off asset. When indices like the S&P 500 have gone down recently, Bitcoin has sunk even further. For example, in the last month, the S&P 500 is down 1% and the original cryptocurrency is down 25%.<\/p>\n

The latest pullback in Bitcoin prolongs a brutal stretch for cryptocurrencies dating back to October. That\u2019s when the largest cryptocurrency reached its all-time high of $126,000, riding the wave of President Donald Trump\u2019s more favorable stance toward the sector.\u00a0<\/p>\n

Other cryptocurrencies have also been burned since the fall. Ethereum is down 33% in the last three months to its current price of about $2,000, and Solana is down 40% during that time to its current price of $85, according to Binance.<\/p>\n

Several experts say that the one certainty with Bitcoin is continued whiplash in its price.\u00a0<\/p>\n

\u201cThe signal going forward: Bitcoin is in a volatility regime,\u201d said Boris Alergant, head of strategic initiatives at Babylon Labs. \u201cUntil market-making depth normalizes, BTC will remain highly sensitive to ETF flows, macro prints, and idiosyncratic news\u2014with larger swings in both directions.\u201d<\/p>\n<\/div>\n

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#Bitcoin #rides #Nvidia #wave #spike #pulling<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin rose and then fell fol… <\/p>\n","protected":false},"author":1,"featured_media":25480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[95,1094,1056,13787,4772,14578,1546],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/25479"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25479"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/25479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/25480"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}