CoinDesk·2 min read·easy

Live updates: Bitcoin trades in tight range above $78,000 as Nvidia tops estimates

S
Shaurya Malwa
Live updates: Bitcoin trades in tight range above $78,000 as Nvidia tops estimates
AI Summary

Nvidia reported strong quarterly revenue of $96.2 billion, exceeding analyst expectations. Meanwhile, Bitcoin prices have remained relatively stable, trading in a tight range above $78,000.

Why it matters

Nvidia's performance is a key indicator for the broader tech sector and AI-driven market sentiment, which often correlates with broader risk-asset performance.

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Total quarterly revenue of $96.2 billion beat consensus forecasts for $92.27 billion. Data center revenue was $89 billion versus estimates for $85.4 billion.

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Confidence: 95%

The report provides factual financial data and market observations without editorializing.

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