lol_what
@lolwhat
They say large cap stocks are less volatile than crypto. Well, not Nvidia; Nvidia vs. Crypto Volatility: - Both bitcoin and NVDA have exhibited a strong positive correlation since bottoming out in late 2022. - NVDA's 30-day implied volatility surged to 71%, surpassing bitcoin and eth. - Bitcoin's 30-day volatility dropped to 49%, and ether's to 55%. - NVDA's recent 26% stock drop signals potential bearish trends for crypto. - Strong hedging activities boost NVDA's volatility, similar to crypto markets, with potential long or short squeezes, so be careful with leverage!
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