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# Despite Nvidia’s Stock Decline, Experts Stay Optimistic About Bitcoin’s Prospects
Even with the technology market experiencing a substantial setback, particularly for Nvidia, experts remain hopeful regarding Bitcoin’s future.
The technology sector is witnessing significant transformations, with DeepSeek’s AI model competing against OpenAI’s ChatGPT. Although the technology stock market has plummeted, impacting crypto as well, experts are still confident about Bitcoin (BTC).
The Guardian indicates that this jolt resulted in an unprecedented $600 billion loss in the US technology sector. Currently, President Donald Trump is stating that this serves as a “wake-up call” for American industry, advocating for greater innovation. Toncoin (TON) Value Forecast for March 26th
Nvidia, a crucial participant in AI and computing, observed its stock decrease by almost 17% in the past 24 hours. The crypto market was also affected, with BTC falling below $100,000 on January 27, triggering a collapse in the altcoin market.
AI-related cryptocurrencies additionally endured a substantial setback, declining by 12%. Arthur Hayes from BitMEX had anticipated that investors would shift away from US markets, seeking shelter in global alternatives such as crypto.
Presently, more experts are endorsing crypto. A report from 10x Research suggests that despite market instability, BTC will recover. They anticipate that the existing resistance will attract additional investors to BTC and other decentralized assets. Matrixport, a financial hub in Asia, concurs with this perspective.
## Bitcoin Remains Resilient Amid Nvidia’s Stock Upheaval
Markus Thielen, CEO of 10x Research, posits that Bitcoin ETFs supported by Wall Street will assist BTC in sustaining reduced volatility. He underscored the correlation between BTC and the US dollar.
As the dollar appreciates, Bitcoin also inclines to appreciate. This implies that greater funds are being channeled into the United States, with a fraction allocated to Bitcoin.
Tylor posits that the prevailing global liquidity of $38 trillion is influencing Bitcoin’s valuation, as opposed to oscillations in the technology sector.
In a broadcast, Tylor contended that Bitcoin’s valuation shifts are detached from the technology domain. The asset is responsive to global liquidity and Federal Reserve directives. Tylor remarked that Bitcoin ETF inflows recommenced at the September FOMC assembly, “following months of lateral trading.” He further stated that investors will possess heightened assurance in Bitcoin’s standing upon the release of the December 2024 CPI figures on January 15, 2025.
> “Subsequent to a phase of ambiguity, we’ve observed five successive days of procurement in Bitcoin ETFs. This transpired subsequent to remarks from Federal Reserve Governor Christopher Waller post the CPI data dissemination, hinting at conceivable interest rate diminutions this year, potentially as early as March. His pronouncements were perceived as a vote of confidence, instigating the resumption of ETF inflows.”
While Tylor anticipates Bitcoin’s valuation could attain between $130,000 and $190,000 in this bullish market epoch, Bitcoin ETF outflows depict an alternate narrative.
