Global markets faced increased volatility as NVIDIA's Q3 earnings report and Federal Reserve policy uncertainty influenced both stock and crypto sectors. Bitcoin initially fell to $88,600 but rebounded to approximately $92,000 after NVIDIA reported $57.01 billion in revenue, surpassing expectations. Meanwhile, the Federal Reserve's internal debate over December rate cuts, highlighted in the October FOMC minutes, has reduced the likelihood of a 25-basis-point cut to 28%, according to CME FedWatch. The delay in the November nonfarm payrolls release has further contributed to market uncertainty.
NVIDIA's Strong Q3 Earnings and Fed Uncertainty Impact Crypto Markets
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