Bitcoin's (BTC-USD) slump deepened Thursday just as U.S. stocks gave back gains fueled by Nvidia's (NVDA) Q3 earnings beat, in a sign of renewed investor caution. The cryptocurrency retreated 4.7% in the last 24 hours to $87.

Investors remained unsure about the Fed’s scope for policy easing after a mixed — and stale — jobs report. That’s not to mention the continued raft of Fed speakers showing apprehension about further rate cuts.

The move pushed BTC to its lowest level since April and erased most of its 2025 gains, with the market cap slipping to roughly $1.77 trillion and 24-hour volumes topping $70 billion as forced liquidations and de-risking rippled through futures markets.

Bitcoin drops to a new monthly low after Nvidia's strong outlook calms AI bubble fears, raising concerns of further downside ahead.

Can Bitcoin really overtake Nvidia's massive market cap in just five years? The simple math might surprise you.

Quantum computers should be powerful enough to crack Bitcoin’s security features—by instantly solving the mining mechanism or guessing wallet passwords by brute force—shortly after 2030, according to the CEO of a company working in partnership with Nvidia on its quantum computing efforts.

Just a day earlier, Bloomberg's Mike McGlone warned that the market could unwind all the way to $10,000. He added that Bitcoin's current structure reminds of the major unwinds seen in 2018, when the price collapsed from $10,000 to nearly $3,000.

Stocks moved mostly higher on Wednesday as Wall Street looked to recover from a tech-led sell-off as investors awaited earnings from Nvidia that will set the tone for the next leg