{"id":47582,"date":"2025-09-15T13:47:10","date_gmt":"2025-09-15T13:47:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47582"},"modified":"2025-09-15T13:47:10","modified_gmt":"2025-09-15T13:47:10","slug":"nvidia-drops-3-as-china-says-the-company-violated-anti-trust-laws","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47582","title":{"rendered":"Nvidia Drops 3% as China Says the Company Violated Anti-Trust Laws"},"content":{"rendered":"<div>\n<p>If you\u2019re wondering why bitcoin\u2019s (BTC) price is slipping for the past two hours, the possible culprit is pre-market trading on Wall Street, where shares of Nvidia (NVDA) have dropped nearly 3%.<\/p>\n<p>The losses follow an announcement by China&#8217;s market regulator that Nvidia <a href=\"https:\/\/www.wsj.com\/tech\/china-probe-says-nvidia-violated-antitrust-laws-4acf344c\">allegedly violated<\/a> the country&#8217;s anti-monopoly laws during its acquisition of Israeli networking company Mellanox Technologies in 2020. <\/p>\n<p>The regulator said that Nvidia breached the terms of its conditional approval related to that acquisition, although the specific details of the violations have not been disclosed. <\/p>\n<p>The weakness in NVDA is accompanied by poor price action in the crypto market. As of writing, BTC traded at around $114,900, having reached a high of $116,755 earlier today. Top tokens associated with artificial intelligence, such as ICP, RENDER, FET, and GRT, traded over $ 4.5% lower on a 24-hour basis.<\/p>\n<p>Chip-maker NVDA is the world&#8217;s largest publicly listed firm by market value and acts as a barometer for risk sentiment in financial markets, including cryptocurrencies and AI-related tokens. <\/p>\n<p>Bitcoin (BTC) has historically <a href=\"https:\/\/www.coindesk.com\/markets\/2024\/03\/15\/bitcoins-correlation-to-nvidia-strongest-in-over-a-year\">taken cues from NVDA<\/a>, with both bottoming out concurrently in late 2022 to embark on a record bull run.<\/p>\n<p>The rolling three-month correlation between NVDA and BlackRock&#8217;s spot bitcoin ETF was 0.76 as of Friday, according to data source Macroaxis.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re wondering why bitcoin\u2019s (BTC) price is slipping for the past two hours, the possible culprit is pre-market trading on Wall Street, where shares of Nvidia (NVDA) have dropped nearly 3%. The losses follow an announcement by China&#8217;s market regulator that Nvidia allegedly violated the country&#8217;s anti-monopoly laws during its acquisition of Israeli networking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-47582","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47582"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47582\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}