Nvidia shares nosedive, erasing market value close to Ethereum’s entire market cap

Quick Take Nvidia shares fell by 9.5% yesterday, resulting in an approximate $253 billion loss in market value, marking the largest one-day market cap decline for an SPX stock, according to Michael Brown, Senior Research Strategist at Pepperstone FX. To put this in perspective, this drop is nearly equivalent to Ethereum’s entire market cap, which […] source: https://cryptoslate.com/insights/nvidia-shares-nosedive-erasing-market-value-nearly-equal-to-ethereums-entire-market-cap/