Nvidia Faces $5.5B Hit From China Export Ban—Bitcoin, XRP, ADA Drop

2d ago•

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According to Nvidia’s SEC filing, on Tuesday evening, both tech stocks and cryptocurrencies saw a sharp drop, as the revelation of Nvidia $5.5B charge caused the market to shake. The U.S. government banned Nvidia, a California-based tech company that designs chips.

On April 9 2025, the company was restricted from selling its H20 chips, which are a special part that enables AI tasks. Nvidia, without having an official license to export, cannot sell its H20 AI chips to China, Hong Kong, and Macau. This has led to the fall of Nvidia’s stock. Bitcoin, XRP, ADA, and other cryptocurrencies also faced a fall.

Nvidia $5.5B Charge Worries Investors in Different Markets.

The recent announcement has shaken the tech industry, Nvidia $5.5 B charge has taken place in the first part of the year. The reports says that Nvidia $5.5B charge was caused due to a U.S. rule, which is tied to Trump-era policy, that has now blocked Nvidia from selling its advanced chips to China. This became a big step back for the company as it was making plans to grow in the AI sector.

Nvidia $5.5B Charge

This news quickly impacted Nvidia’s stock, dropping by 8% to $89.10. The Nvidia $5.5B charge didn’t just affect Nvidia, but it also had its effects on the whole market, causing worries about the trading rule and risking the other growing industries which are relying on China.

Crypto Market Slides Alongside Equities

The bad news quickly reached the crypto market, too. As a result, Bitcoin had fallen to $83,600 after it reached its two-week high of $86,440. Other cryptocurrencies also faced a price drop. According to market figures, XRP had fallen over 2% to $2.08. Moreover, ADA, the native coin of Cardano, had also dropped to 4% to $0.61.The CoinDesk 20 Index, which is used for tracking top digital coins, has also dropped by more than 2%.

The decline was mostly caused by Nvidia $5.5B charge, which made investors remain more careful about risky investments. The sudden loss of confidence has also affected the cryptocurrency market, as Nvidia plays a big role in AI as well as in Crypto hardware.

Growing Worries About Rules and the Economy

According to the source, Things became much worse as Nasdaq futures dropped by over 1%, while investors waited for two important updates. The first is about the March Retail sales report of the U.S while the second is about the Jerome Powell’s speech, he is Chairman of Federal Reserve .

Nvidia $5.5B Charge

The Nvidia $5.5B charge has acted as a warning sign to markets which are dealing with trade tensions and unclear policies. Though investors’ confidence can be boosted by a strong retail sales report, experts think that ongoing global issues and economic challenges might limit the positive impact.

Conclusion

The Nvidia $5.5B charge is caused because of the U.S. restrictions on exporting its H20 AI chips to China, which has affected both tech and crypto markets. The upcoming weeks are important, as they will help you determine whether markets will become stabilised or further become more volatile.