Stocks, Crypto Rebound as Oil Falls Ahead of Nvidia Results

U.S. stock futures and major cryptocurrencies moved higher after oil prices fell overnight. Traders and investors cited the drop in crude as a factor in increased risk appetite ahead of Nvidia’s quarterly report later in the day.

Bitcoin traded near $77,400, Ether around $2,128 and Solana near $84. Hyperliquid’s HYPE token rose about 5% to $49.80 and is up roughly 27% over the past week on strong trading volume and a recent Coinbase/USDC partnership announcement.

West Texas Intermediate crude fell 2.1% to $101.72 and Brent traded near $104.30. The decline in oil coincided with gains in equity futures as market participants positioned ahead of Nvidia’s results. Bitcoin has historically moved about 6%–10% around prior Nvidia earnings releases.

A security incident on the Monad-based Echo protocol was largely contained after an attacker briefly obtained an admin key and minted 1,000 eBTC. The attacker used 45 eBTC as collateral to borrow 11.29 WBTC, bridged the funds to Ethereum, and routed roughly 385 ETH through a mixing service. Echo’s team regained control of the compromised keys, burned the remaining 955 eBTC and disabled cross-chain functions on the Monad deployment. The realized loss was about $816,000. Monad co-founder Keone Hon confirmed, ‘The network itself was unaffected.’

Polymarket announced a partnership with Nasdaq to open private-company prediction markets to retail traders. Initial contracts will include binary yes/no markets on the valuation of OpenAI’s next funding round, SpaceX’s IPO timing, revenue milestones for Anthropic and Stripe’s path to profitability.

Google introduced Gemini Spark, a cloud-based personal AI agent designed to run continuously and perform tasks such as monitoring email for deadlines, parsing card statements, booking reservations and coordinating workflows across multiple apps. Spark will enter a U.S. beta for AI Ultra subscribers, who pay $100 per month, after an initial trusted-tester rollout.

Regulatory and fund-flow developments also affected crypto prices. The Zcash Foundation said the SEC closed its investigation with no enforcement action; ZEC rose to about $585. The Versus–Ethereum bridge suffered an exploit that resulted in more than $11 million in losses. Truth Social withdrew its spot Bitcoin ETF filing. Reported flows showed Bitcoin ETFs posted $331 million in net outflows on Tuesday, bringing weekly net outflows close to $1 billion, while Ether funds recorded $62 million in outflows.

Corporate purchases continued: Strive added 382 BTC for $30.3 million at an average price near $79,348, increasing its holdings to 15,391 BTC, or roughly $1.18 billion. Solana perpetual decentralized exchanges set a weekly trading-volume record near $20 billion. NFT markets recorded gains for collections including CryptoPunks and Bored Ape Yacht Club.

Analysts and traders said they are watching Nvidia’s earnings for updates on demand for AI infrastructure. Nvidia is scheduled to report quarterly results later in the day, and market participants noted past Nvidia reports have coincided with notable Bitcoin moves.