Bitcoin Under Pressure as Trump-Backed Fed Tilt and Nvidia AI Earnings Could Trigger Whale-Driven Sell-Off

QCP Capital highlighted a potential Fed dovish tilt, noting that appointments could shift the Board’s composition and strengthen a pro-Trump voting bloc; such changes would be material to policy direction even absent immediate Vice Chair or Chair nominations. Market participants are reframing the Fed’s risk calculus after Jackson Hole, with a greater emphasis on the labor market backdrop following downward revisions to nonfarm payrolls, leaving policymakers increasingly data‑dependent ahead of the next FOMC window. Attention is also turning to NVIDIA earnings reported after the close, as investors seek confirmation of sustained AI-driven revenue growth. In digital assets, QCP observed that recent weakness in Bitcoin appears linked to realized selling pressure from whales, and a broader equity sell‑off would likely test institutional allocation to crypto rather than signal structural demand shifts.