We are in critical hours and we are waiting for both Trump’s statements and the minutes. AI companies are announcing deals with Saudi Arabia. This is important for the necessary liquidity and Trump will soon make statements at the investment forum. It might say something here for AI companies to raise more cash. However, on the BTC side, the decline accelerated. So what’s going on?
Cryptocurrency Drop
Bitcoin 
$91,356.83 price It has fallen as low as $89,600 and seems eager to pull lower from its recent low of $89,253. We see that the return is not permanent, as short-term investors turned the recent rise into a selling opportunity. At the same time, Trump Media shares fell to an all-time low due to the negativity in crypto. A fortune of $5 billion melted away.
BTC Around $89,700. Nvidia He announced that they will work with CEO Huang Saud to develop supercomputers. This is a positive thing amidst the AI bubble and cash crunch debates. AMD and Cisco announced that they will launch a joint venture with Saudi Arabia-backed Humain to build data centers with a total capacity of 100 megawatts. The first customer of the joint venture will be Luma AI, a startup that produces artificial intelligence-based video.
According to a breaking announcement, a member of Trump’s team will meet with companies for the AI export program on Thursday. Perhaps we may see government incentives or different supportive programs announced to balance sales here.
at 20:00 trump will talk. Fed Minutes will come at 22:00 and Nvidia earnings report will be announced at 00:20. Fasten your seatbelts because Nvidia is expected to move at least 8%. When a $5 trillion company experiences such a move, entire markets are affected. Since it is both a technology company and at the heart of AI, this move will directly affect cryptocurrencies. Closings under the $ 88 thousand support will have dire consequences for Bitcoin. Bottom wicks are possible in the worst case between 86 thousand and 74 thousand dollars.
