Fool.com contributor Parkev Tatevosian describes the link between Nvidia (NVDA 1.91%) and cryptocurrencies.
*Stock prices used were the afternoon prices of June 12, 2024. The video was published on June 14, 2024.
The Surprising Connection Between Nvidia Stock and Cryptocurrency Prices
By Parkev Tatevosian, CFA – Jun 15, 2024 at 8:50AM
NASDAQ: NVDA
Nvidia
Market Cap
$4.5T
Today's Change
(-1.91%) $3.63
Current Price
$186.54
Price as of November 17, 2025 at 3:58 PM ET
Nvidia GPUs were used to mine cryptocurrencies, and that use case connected the two.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.