The fall in cryptocurrencies is causing graphics card prices to finally move down. What is being seen in this month of February is encouraging, since the reduction in prices seems to be gaining strength, but at the same time Ethereum is gaining strength again, which could put an end to all this improvement of more than 30%. How is the price of GPUs in February?
There is no need to claim victory, especially given what we have already experienced in recent years and even more so if we take into account how speculation currently works and how slow it responds. What we can say is that both AMD and NVIDIA are seeing how their chips mounted on graphics cards are offered at a lower price. Is it real or a temporary illusion?
More Stock, Crypto Losing Value, Inflation Rising
Speculative securities are not for everyone and cryptocurrency is possibly one of the best in this regard if you want to bet money based on such speculation. The rise of the interest rates in the US and the threat of doing so within Europe has made, among other things, investors withdraw their assets from Ethereum and Bitcoin to take refuge in safer values.
For this reason and as we see in the upper graph that was published yesterday, the value of Ethereum has suffered a sharp drop that has placed it at values of March of last year, just before the most pronounced rise and in less time of this cryptocurrency. To this we must add that given the high prices and the slight stock improvement By manufacturers, as well as shipments from Asia, the availability of graphics cards in general as well as models of them is the best in two years and continues to grow.
GPU price drop in February, a mirage?
You have to be careful in the first place. The change in the Ethereum work model is approaching, we are crossing out days on the calendar for the release of the RTX 40 and RX 7000 and that matters, but what miners fear most is that the value of Ethereum as such will not rise again . The problem is that it is doing it again and how the market is reluctant to changes up and down what we see today could be a mirage with LAG.
And it is that we start from values from the beginning of the year of +185% for NVIDIA and +178% for AMD compared to the MSRP price of the GPUs. Now, NVIDIA has an average of one +157% and amd +145%which means a drop for the green team of -30% and -38% for the red team.
The problem is that the general fall in prices is one month behind after the fall in the price of cryptocurrencies, which seeing how Ethereum climbs again (and if it continues like this) could mean that this trend will end soon. What seems certain is that if the price is raised again, it will not climb as fast and as high as before.
It is likely that the miners will migrate to other cryptocurrencies or we will simply see stock of models in second-hand markets when the key dates get closer, but as far as the price of new GPUs is concerned, it does not seem that the trend continues downward due to what has been described. . That’s for not having the launch of the Inter ARC Alchemist with falling prices.
