While the S&P 500 index hit a record high, NVIDIA’s earnings outlook failed to meet investor expectations, leading to a significant drop in share price following the market close. This miss sent shockwaves through the crypto market, with predictions of Bitcoin falling below $100,000 before 2026 increasing as analysts see a growing disconnect between investor hopes and reality. The digital asset finance sector took a hit, with companies like BitMine plummeting nearly 8%. Despite some optimism from analyst at Standard Chartered, who suggest Ethereum reserve companies remain undervalued, concerns linger about the potential for a broader correction within this sector. NVIDIA’s third-quarter sales were projected to reach around $54 billion, falling short of the optimistic $60 billion prediction. This underwhelming news further fueled fears that the AI boom might be losing momentum.