Nvidia (NVDA) stock has become increasingly correlated with Bitcoin since late 2022. Recently, Nvidia's 30-day option implied volatility surged from 48% on July 23 to 71% on July 30, a stunning surge in volatility.
In contrast, crypto market volatility has dropped significantly. Bitcoin’s DVOL index dropped from 68% to 49%, and Ethereum’s ETH DVOL index also dropped from 70% to 55%. It seems that Bitcoin and Ethereum are now as stable as old friends, giving the market a "calm".
In summary, Nvidia's stock market has been on a roller coaster, while the cryptocurrency market has shown stability. This change warrants investors re-examining their asset allocation. #比特币大会 #美国大选如何影响加密产业? #anc #BCD #FIL $CRV $STMX $DOGE