Bitcoin Drops Below 60K as Dow Jones Industrial Average Rises Nvidia Falls Over 6 to Regain Third in Market Value

Nvidia fell sharply on Monday, with a decline of 5%. Combined with last week’s 4% decline, this marked the end of eight consecutive weeks of gains. This sell-off occurred after Nvidia briefly surpassed Microsoft to become the largest US company by market capitalization. Nevertheless, Nvidia’s stock price has still risen by about 150% this year, making it the second-best performing company in the S&P 500 index. Analysts believe that Nvidia’s pullback is healthy.