According to The Kobeissi Letter, Nvidia (NVDA) saw a market-cap swing exceeding $1 trillion over the past 54 hours, gaining about $450 billion and then losing roughly $600 billion, equal to approximately $19 billion per hour. Source: The Kobeissi Letter on X, Nov 21, 2025. According to The Kobeissi Letter, the moves are sentiment-driven rather than fundamentals, highlighting elevated headline risk and the possibility of sharp intraday reversals that traders must factor into execution and risk controls. Source: The Kobeissi Letter on X, Nov 21, 2025. According to The Kobeissi Letter, this sentiment-led framework is directly relevant to crypto market participants as a caution for managing exposure in high-beta assets such as BTC and ETH during overlapping U.S. equity trading hours. Source: The Kobeissi Letter on X, Nov 21, 2025.

According to @KobeissiLetter, Nvidia NVDA added and then lost roughly 450 billion dollars in market capitalization between 4:00 AM ET yesterday and 2:00 PM ET today, a 900 billion dollar swing in under 36 hours, highlighting exceptional single-stock volatility risk. Source: @KobeissiLetter on X, Nov 20, 2025. This magnitude of movement implies elevated realized and implied volatility for NVDA, suggesting traders prioritize tighter risk controls, dynamic hedging, and wider stop buffers around key technical levels. Source: @KobeissiLetter on X, Nov 20, 2025. Given NVDA’s heavy index weight, such swings can mechanically influence flows in major benchmarks like the S&P 500 and semiconductor indices, warranting attention to correlated moves and options-driven market structure. Source: @KobeissiLetter on X, Nov 20, 2025. Cross-asset desks should account for potential liquidity and slippage effects during similar mega-cap whipsaws by adjusting position sizing and execution tactics intraday. Source: @KobeissiLetter on X, Nov 20, 2025. Crypto-facing traders tracking AI-risk sentiment may monitor whether this NVDA volatility coincides with shifts in broader risk appetite, noting the post reports the equity move itself as the driver. Source: @KobeissiLetter on X, Nov 20, 2025.

According to The Kobeissi Letter, Nvidia erased $800 billion in market cap over five days last week and then added back $500 billion between 11 AM ET Friday and 4 PM ET Monday, equal to roughly $43 billion per trading hour and a 12 percent rebound, underscoring intense AI trade momentum and scarce entry points. source: The Kobeissi Letter on X, Nov 10, 2025 According to The Kobeissi Letter, dip buyers remain active and the guidance is to be prepared to capitalize on brief periods of weakness in the AI trade. source: The Kobeissi Letter on X, Nov 10, 2025 For crypto traders, AI-led tech rallies have historically coincided with stronger risk appetite in digital assets as BTC and ETH have shown positive rolling correlations with major US tech benchmarks during 2023–2024. source: Kaiko Research 2023, Coin Metrics correlation analyses 2023–2024 AI-linked crypto tokens such as RNDR and FET have previously outperformed around Nvidia-related AI catalysts, making NVDA-driven volatility a relevant signal for short-term crypto positioning. source: Kaiko Research 2023

According to The Kobeissi Letter, Palantir stock (PLTR) flipped from +7% to -5% in overnight trading after releasing Q3 2025 earnings, a 12 percentage point reversal that underscores sharp short-term volatility for traders (source: The Kobeissi Letter on X, Nov 4, 2025). The Kobeissi Letter adds that the move shifted over $60 billion in market capitalization during the swing, highlighting outsized risk for momentum and liquidity-sensitive strategies in extended hours (source: The Kobeissi Letter on X, Nov 4, 2025). The post does not provide earnings detail or mention any cryptocurrency market impact, indicating no direct crypto linkage cited at this time (source: The Kobeissi Letter on X, Nov 4, 2025).

According to @KobeissiLetter, Alphabet’s Google stock (GOOGL) erased about $160 billion in market value within two hours after OpenAI announced a web browser, then regained about $180 billion roughly four hours later when it was recognized as essentially Google Chrome with ChatGPT added (source: @KobeissiLetter). According to @KobeissiLetter, no direct cryptocurrency market impact was cited.