Nvidia’s $5.5 Billion Charge Triggers Crypto Sell-Off: Bitcoin, XRP, and ADA Down

The cryptocurrency market experienced a sell-off on Wednesday as news about Nvidia’s hefty $5.5 billion charge triggered broader risk aversion in the financial markets. The tech giant’s after-hours plunge following its disclosure of the charge led to a decrease in share price by 8%, impacting both equities and cryptocurrencies, including Bitcoin (BTC), XRP, and Cardano (ADA).