Bitcoin experienced a significant rebound after plummeting to $88,000 due to decreased expectations for a December Fed rate cut. A surge in stocks following Nvidia’s strong Q3 earnings helped Bitcoin regain ground above the $90,000 threshold. This turnaround was fueled by a massive $605 million liquidation event that impacted leveraged traders heavily. However, when financial giant Nvidia surpassed Wall Street expectations with its robust Q3 results, it triggered a broad stock market rally, and Bitcoin benefited from this positive momentum. Despite these optimistic signs, the crypto market remains volatile, as evidenced by decreasing whale activity on the Bitcoin network and waning social interest in the cryptocurrency space.