$ACT NVIDIA announced its third-quarter earnings for 2024, beating expectations with revenues of $35.08 billion, compared to expectations of $33.16 billion. This success is mainly due to the growing demand for data centers and artificial intelligence, which accounted for $30.8 billion in revenue.
This announcement is expected to have a positive impact on AI-related cryptocurrencies, which could lead to increased investment momentum in advanced technology projects. To analyze the impact of this on a specific pair?
Despite this announcement, which traders linked to it, all AI-related cryptocurrencies rose except ACT, and the reason is due to excessive selling greed in losing control of the selling volume over the buying volume, which was very acceptable if it weren't for the large number of sales and fear, which is a major reason, and some bulls are playing with these terrifying ones