Bitcoin Seeks Record High as Nvidia Earnings Fuel Risk Asset Surge
Nvidia's earnings beat has boosted risk assets, and Bitcoin is eyeing $81K as a result.
The news from Nvidia, a leading manufacturer of graphics processing units (GPUs) used in cryptocurrency mining, saw its stock surge by 6.8% after the company reported better-than-expected earnings.
This has led to a positive sentiment shift among investors, who are now considering Bitcoin's potential to reach $81K as a result of the increased demand for risk assets.