Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
JUSD 
TRON 
Lido Staked Ether 
Crypto majors were slightly green ahead of tonight’s major NVDA earnings call, with BTC hovering around $91,300, ETH up 2% at $3,090, BNB up 1% at $922, and SOL also up 1% at $139. Among top movers, MYX (+38%), STRK (+30%), and ZEC (+10%) led the pack. Bitcoin’s latest 30% drawdown unfolded far more rapidly—over 42 days—compared with the previous two drawdowns in Summer 2024 (147 days) and April 2025 (77 days). Kraken raised $800M at a $20B valuation in a round led by Jane Street, DRW, Oppenheimer, and a $200M stake from Citadel. The Ethereum Foundation outlined new goals for its upcoming Interop Layer, designed to unify all EVM L2s and make them function as “one chain.” In regulatory news, the OCC said national banks may hold and spend crypto in certain cases, such as paying for gas or testing applications. New Hampshire launched the first Bitcoin-backed municipal bond, while Mt. Gox moved 10,608 BTC—nearly $1B—from a cold wallet to new addresses, renewing expectations of imminent creditor repayments. Meanwhile, Tether made a strategic investment in Ledn to expand bitcoin-backed lending.
💡 DMK Insight
Bitcoin’s hovering around $91,300 is a critical juncture for traders right now. With the NVDA earnings call looming, market sentiment could shift dramatically based on tech sector performance. If NVDA delivers strong results, we might see a bullish spillover into crypto, particularly for BTC and ETH, which are often correlated with tech stocks. Watch for BTC to break above $92,000 for a potential rally; failure to hold above $90,000 could trigger sell-offs. On the flip side, altcoins like MYX and STRK are showing impressive gains, indicating that some traders are diversifying into smaller caps, which could signal a risk-on sentiment. However, keep an eye on volatility; a sharp move in either direction could lead to cascading effects across the market. For now, monitor BTC’s resistance at $92,000 and support at $90,000. If NVDA’s earnings disappoint, we could see a quick reversal, so stay nimble and ready to adjust positions accordingly.
📮 Takeaway
Watch BTC’s resistance at $92,000 and support at $90,000, especially in light of NVDA’s earnings tonight.
