As Nvidia And Bitcoin Falter Amid Market Meltdown, Which Asset Is Set For Bigger Price Swings In Coming Days?
Portfolio Pulse from Aniket Verma
Nvidia and Bitcoin experienced significant price drops amid a market downturn, with Nvidia falling 9.53% and Bitcoin dropping over 4%. Both assets show increased implied volatility, suggesting potential for further price swings.
September 04, 2024 | 12:01 pm
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Nvidia's stock fell 9.53% amid a market downturn, with its 30-day implied volatility rising to 55%, indicating potential for further price swings.
Nvidia's significant price drop and increased implied volatility suggest a high likelihood of continued price fluctuations. The rise in implied volatility from 46% to 55% indicates heightened market uncertainty around Nvidia's stock.
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