According to ChainCatcher news and Jin10 reports, Nvidia (NVDA.O) reported strong earnings results and confirmed that the economic fundamentals remain robust with the employment report; however, the optimism in the US stock market did not last. Traders pointed out that concerns over AI revenues and profits resurfaced, and the fall of Crypto Assets to a low point since April also impacted the stock market. Chris Murphy, co-head of derivatives strategy at Susquehanna International, stated that investors are starting to question the driving factors for the year-end rally, with CTA Positions still weak, which could trigger the automatic Close Position mechanism of quantitative funds, leading to additional dumping.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Price Holds Near $80 as Analysts Split on Next Move
Key Insights:
Solana trades near $80 under pressure, with persistent lower highs and weak recovery attempts reinforcing a clear short-term bearish market structure.
Analysts identify the $75 to $45 range as a key accumulation zone, supported by historical demand levels and long-term
CryptoNewsLand10m ago
ADA Price Weakens Under Resistance While Large Wallets Accumulate
Key Insights:
Cardano trades below all major moving averages, reinforcing bearish pressure while price struggles to reclaim even short-term resistance levels across multiple timeframes.
Whale wallets holding large ADA balances have steadily accumulated since February, reaching their
CryptoNewsLand13m ago
Cardano Price Near $0.245 Level as Market Momentum Weakens
Cardano's price is stabilizing around the $0.245 support level amid market consolidation and declining momentum. The inability to break resistance at $0.268 raises concerns about upward strength. Meanwhile, development of the new node version 10.7.0 is in testing, promising enhancements for the ecosystem.
CryptoNewsLand18m ago
Dogecoin Holds Near $0.09 as April Pattern Shapes Outlook
Key Insights
Dogecoin maintains stability above the $0.09 support, with buyers defending the level despite consistent selling pressure that limits strong upward momentum in early April trading sessions.
April performance remains historically mixed, with past rallies and declines shaping
CryptoNewsLand23m ago
Here’s HBAR Price If Hedera Becomes the EU’s Digital ID Backbone
HBAR’s price action lately feels a bit mixed, and you can see it clearly in the recent updates.
It just dropped to a six-week low, with both technical indicators and on-chain data pointing to short-term weakness.
However, the team isn’t slowing down, they launched an AI Agent Lab to make it
CaptainAltcoin23m ago
Shiba Inu Golden Cross Emerges Amid Weak Market Signals
Key Insights
Shiba Inu’s hourly golden cross signals short-term strength, yet weak trading volume and rising exchange inflows highlight limited conviction among market participants.
Exchange inflows surged sharply within hours, suggesting increased profit-taking activity and adding pressure o
CryptoFrontNews43m ago
