Nvidia report could impact the price of bitcoin in the coming hours

Source: Criptonoticias Original Title: Nvidia report could impact the price of bitcoin in the coming hours Original Link: Financial markets remain on edge ahead of the imminent release of Nvidia's third-quarter results. The report, expected today after the close of the U.S. market at approximately 4:00 p.m. ET, is shaping up to be a key determinant for global risk sentiment, with the potential to impact —as a collateral effect— the price of bitcoin BTC.

The expectation centers on NVIDIA due to its dominant position in the manufacturing of specialized chips for Artificial Intelligence (IA), making it the barometer of risk appetite in the tech sector. A quarterly result that does not meet the high market projections could trigger a wave of selling in the Nasdaq index, impacting the price of bitcoin.

There is a consensus estimate for third-quarter revenue that stands at $54.8 billion. However, for the stocks to react favorably, it would require —according to financial analysts— that revenues reach at least $55 billion. If they only meet or fall below the consensus, it will be perceived as a slowdown and a price correction is likely.

Market analyst Daniel Muvdi stated that “the key of the week is Nvidia and it will be fundamental for what happens in the market in the coming days.” Muvdi emphasizes that the company “is at some very high multiples and is maintaining almost all the euphoria around artificial intelligence and the million-dollar contracts they are making.”

He also warns of an overvaluation landscape. “There is an excessive number of bullish options near 200 dollars or beyond,” he pointed out.

The risk of a correction in the technology and bitcoin market

The high valuation of the technology company, driven by the AI narrative, exposes the market to a sharp correction if the results are not as expected.

Muvdi is emphatic in pointing out that “any small mistake, any little situation that NVIDIA presents in its negative earnings could lead to a brutal, very strong drop in NVIDIA, and that would greatly drag down the stock indices and, consequently, bitcoin.”

The implications of a potential correction of NVIDIA could be severe for bitcoin. The analyst warns that if there is “a breakdown of artificial intelligence, and the indices fall back 20%, bitcoin could fall back 40%.”

This risk scenario coincides with the recent weakness of the digital asset. BTC has experienced a significant drop since the beginning of October, losing more than 25% from its October 2025 high, which was above 126,000 dollars. Yesterday, November 18, bitcoin hit a seven-month low below 90,000 dollars, wiping out all its gains for the year and leaving its annual performance at -2.10%.

Muvdi believes that the correlation between the digital asset and risk markets is undeniable: “Bitcoin is not a safe haven and is going to fall, it has been falling with the risk market. In fact, bitcoin is anticipating a stronger drop in the indices. I think it is leading what may come,” he asserts.

The volatility of bitcoin and the stance of the FED

However, this volatility is not a total surprise. David Trainer of New Constructs explained to Bloomberg that “there is too much money chasing too few stocks, and many AI stocks are priced well above expectations.”

Trainer added that they believe that “the stock market pullback in November was a pause, as the market is adapting to a more realistic view of the world.”

In the digital asset sector, some analysts differ from the idea of a crypto winter. Researcher Carmelo Alemán points out that the correction “is an artificial drop, a forced drop,” as it does not meet the common patterns of a prolonged bearish cycle.

Similarly, analyst Jaime Merino stated to CriptoNoticias that “the drop in bitcoin is not a crypto winter. What we are seeing is a correction within a much larger uptrend.”

While attention is focused on NVIDIA, the United States Federal Reserve (FED) remains a key factor in market liquidity. For its upcoming meeting on December 10, there is a 48% probability that the Fed will decide to implement a 25 basis point rate cut, while 51% expect it to keep the rate unchanged. NVIDIA's results will not only impact stock indices but will also inject a new risk variable into the volatile bitcoin market.