SoftBank has sold its holdings in Nvidia, and Bitcoin has fallen back to 103K. Could 100,000 dollars be the mid-term bottom?Due to SoftBank's divestment from NVIDIA shares, the artificial intelligence zone is under pressure, with funds shifting to other zones. The Dow Jones Industrial Average had a big pump of over 500 points, setting a new historical closing high. Bitcoin (BTC) has fallen from yesterday's high of 107K, reporting above 103K before the deadline. Ether (ETH) also dropped to around 3,400. The research director at BRN indicated that Bitcoin's price movement this week may signal the first real consolidation since the deleveraging wave in October and early November, with 100,000 possibly being the mid-term bottom.
SoftBank sells off its Nvidia shares, with funds shifting to other zones.
Due to increasing concerns over AI valuations, the artificial intelligence zone is under pressure. SoftBank Group stated that it has sold all of its shares in NVIDIA to fund its own AI development. Dragged down by NVIDIA's weakness, the semiconductor sector fell by about 2.5%. AI cloud infrastructure provider Core
ChainNewsAbmedia·2025-11-11 23:54