Industry

Nvidia shows bitcoin-like move; can Trump tariff refunds send it higher

Nvidia shares have rebounded about 23 percent from a late-March low and are testing a key resistance level, with some analysis likening its pattern and volatility to bitcoin. Options indicators show a declining put-call ratio, suggesting reduced demand for downside protection. A U.S. Supreme Court ruling deeming Trump-era reciprocal tariffs illegal has prompted expectations of large tariff refunds, which could ease Nvidia’s import cost burden. Technical targets hinge on a breakout above $201.75.

Crypto

Crypto markets wait and see despite U.S. stocks at record highs, focus turns to ethereum

Bitcoin rose alongside record highs in U.S. equities, but derivatives markets signalled caution and did not treat the move as a clear trend reversal. Funding rates for perpetual futures stayed negative and open interest weakened, while options pricing showed stronger demand for downside protection. Among major altcoins, ethereum outperformed and the ETH/BTC ratio rebounded. On-chain activity and stablecoin supply hit record highs, as attention turns to U.S.-Iran talks.