Bitget UEX Daily: Oil Prices and Bond Yields Weigh on Equities; NVIDIA Gains as Institutions Accumulate BTC and ETH
Global markets face pressure from rising oil prices and 10-year U.S. Treasury yields, which reached over 5.2%. NVIDIA rose 1.66% following a $150 billion share buyback authorization and the launch of its AI safety platform. In the crypto sector, BTC and ETH saw slight declines, though institutional activity remains active; Strategy added 1,665 BTC to its holdings, while BitMine increased its ETH position by 17,362 tokens. Market participants are now awaiting upcoming U.S. housing and consumer confidence data to gauge the impact of high interest rates.
Summaries are written by AI from the original article. Not investment advice.