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Nvidia’s $54B Earnings, Fed Minutes Set Bullish Narrative for Crypto
- Nvidia is expected to report over $54 billion in Q3 revenue, which could impact the AI trade and risk sentiment in both stock and crypto markets.
- The Federal Reserve's October Meeting Minutes and a U.S. jobs report predicting 50,000 new jobs are also anticipated, potentially indicating a shift towards easier monetary conditions.
- Bitcoin has declined to near seven-month lows, attributed to sentiment rather than structural issues. A positive macroeconomic shift could lead to a relief rally for Bitcoin and altcoins.
- The Best Wallet Token ($BEST) facilitates a multi-chain wallet offering fee discounts, staking, and launchpad access. It aims to provide an easy transition from fiat to crypto and support multi-chain adoption.
- $BEST presale has raised over $17.2 million at $0.025975 per token, with staking rewards offered. The token provides reduced transaction fees and access to early-stage crypto presales.
- The wallet incorporates security features like MPC technology and biometric login, aiming to simplify self-custody for users.
- As markets anticipate Nvidia’s earnings and macroeconomic data, $BEST positions itself as a potential leveraged play on multi-chain adoption and infrastructure growth in crypto markets.