Quick Summary Nvidia posted a 75.2% adjusted gross margin , among the highest in Big Tech AI hyperscalers plan US$650B capex in 2026 , much flowing to Nvidia Rivals like AMD, Alphabet and Amazon are gaining traction Long-term margin sustainability remains the key investor question Margins Steal the Show While investors already expected strong demand, NVIDIA Corp surprised with something even more impressive: Adjusted gross margin of 75.2% , the highest since late 2024 — and management expects similar levels next quarter. For a nearly US$5 trillion company , that margin signals extraordinary pricing power in AI hardware. AI Spending Wave Still Intact AI hyperscalers are forecasting ~US$650 billion in capex for 2026 , up roughly 60% from 2025. Nvidia remains the primary beneficiary as demand for data centre GPUs continues to surge. But maintaining 75% margins depends on two big factors: 1️⃣ Supply Constraints Rising memory costs remain a ris...
Quick Summary
Bitcoin down over 19% in February, worst month since June 2022
On track for a fifth straight monthly decline — longest losing streak since 2018
Global risk-off sentiment and new US tariffs weighing on crypto
Key technical support sits near US$58,000–US$60,000
What’s Happening
Bitcoin fell as much as 2.6% to US$62,858, extending a selloff that began in October.
The world’s largest cryptocurrency is now:
Down more than 19% this month
Facing its steepest monthly loss since the 2022 crypto collapse
Heading for its longest losing streak in eight years
In June 2022, the implosion of TerraUSD triggered a chain reaction involving hedge fund Three Arrows Capital and lender BlockFi — a defining moment of the previous crypto bear market.
Why Bitcoin Is Falling
The latest leg lower comes amid broader market turbulence:
President Donald Trump announced plans to raise global tariffs to 15%
Global equities have weakened
Investors are rotating into traditional safe havens
Key takeaway: Despite the “digital gold” narrative, Bitcoin is still trading like a risk asset.
As one analyst noted, when macro uncertainty rises, capital flows into:
US Treasuries
US dollar
Physical gold
Bitcoin has not yet earned that defensive status.
Technical Levels to Watch
According to market analysts:
200-week moving average: ~US$58,503
Critical support zone: US$58,000–US$60,000
If Bitcoin:
Holds above this level → Stabilisation possible
Breaks below → Risk of deeper pullback
Market Context
This downturn differs from 2022:
No major crypto exchange collapse
No systemic stablecoin failure
Driven mainly by macro risk aversion and tighter liquidity expectations
However, sentiment remains fragile.
Bottom Line
Bitcoin is behaving like a high-beta risk asset, not a safe haven.
With tariffs, global growth fears, and rising macro uncertainty dominating markets, crypto remains vulnerable unless risk appetite returns.
The next key test sits near US$58,000 — a level that could determine whether this is a correction or something more severe.
Key Takeaways
Worst monthly drop since 2022
Fifth consecutive monthly decline
Tariff shock and risk-off sentiment driving selling
US$58K support critical for stability
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