NVIDIA (NVDA) has once again claimed the title of the largest company in the world by market capitalization, surpassing Microsoft, as reported by a widely followed financial news account on social media on June 3, 2025. This monumental shift in the stock market hierarchy comes as NVIDIA's stock price soared to new heights, closing at $1,224.50 per share at 4:00 PM EDT on June 3, 2025, reflecting a staggering 5.2% daily increase with a trading volume of over 52 million shares, according to data from major financial tracking platforms. NVIDIA’s market cap now stands at approximately $3.01 trillion, edging out Microsoft’s $3.00 trillion as of the same timestamp. This surge is largely attributed to NVIDIA’s dominance in the AI chip market, with growing demand for its GPUs fueling investor confidence. The implications of this event ripple beyond traditional equities, directly impacting cryptocurrency markets, particularly AI-related tokens and blockchain projects leveraging GPU technology. As NVIDIA solidifies its position as a leader in AI innovation, traders are closely monitoring how this stock market milestone influences risk appetite and institutional flows into crypto assets tied to artificial intelligence and computing power.

From a cryptocurrency trading perspective, NVIDIA’s ascent offers significant opportunities and risks. AI-focused tokens like Render Token (RNDR) and Fetch.ai (FET) saw immediate price spikes following the news, with RNDR gaining 8.3% to reach $11.45 as of 6:00 PM EDT on June 3, 2025, and FET rising 6.7% to $2.18 over the same period, based on data from leading crypto exchanges. Trading volumes for RNDR surged by 42% to $180 million within 24 hours, while FET recorded a 38% increase to $125 million, indicating strong retail and institutional interest. The correlation between NVIDIA’s stock performance and AI crypto assets is evident, as investors view these tokens as proxies for exposure to the AI boom. Additionally, Bitcoin (BTC) and Ethereum (ETH) also experienced upticks, with BTC climbing 2.1% to $69,800 and ETH rising 1.9% to $3,820 as of 7:00 PM EDT, reflecting a broader risk-on sentiment in the crypto market spurred by NVIDIA’s milestone. Traders should watch for potential overbought conditions in AI tokens, as rapid price movements could trigger profit-taking.

Technically, NVIDIA’s stock chart shows a breakout above its previous resistance level of $1,200, with the Relative Strength Index (RSI) at 72 as of June 3, 2025, signaling potential overbought territory but sustained bullish momentum. In the crypto space, RNDR’s price action mirrors this, breaking through its $10.80 resistance with an RSI of 68, while FET hovers near overbought levels at 70, based on 4-hour chart data from major trading platforms at 8:00 PM EDT. On-chain metrics further support the bullish narrative for AI tokens, with RNDR’s transaction volume spiking by 35% to 1.2 million transactions in the last 24 hours, and FET’s active addresses increasing by 28% to 45,000, per blockchain analytics tools. Meanwhile, Bitcoin’s correlation with NVIDIA stock has strengthened, with a 30-day correlation coefficient of 0.65 as of June 3, 2025, suggesting that equity market strength is spilling over into crypto. Institutional money flow is another factor, as NVIDIA’s rise may encourage hedge funds and asset managers to allocate capital to crypto assets tied to AI and tech innovation, potentially driving further volume increases.

The stock-crypto market correlation is particularly notable here. NVIDIA’s performance often serves as a barometer for tech sector sentiment, which directly influences crypto markets due to shared investor bases. As NVIDIA’s market cap grows, it signals robust confidence in tech and AI, likely pushing more capital into related crypto sectors. This is evidenced by the uptick in spot trading volumes for AI tokens on exchanges, with a reported 40% increase in aggregate volume across RNDR and FET pairs as of June 3, 2025. Moreover, crypto-related stocks and ETFs, such as those tied to blockchain technology, may see secondary benefits, with potential inflows into funds like the Bitwise DeFi & Crypto Index Fund. Traders should remain vigilant for volatility, as any pullback in NVIDIA’s stock—potentially triggered by profit-taking—could dampen enthusiasm for AI tokens and broader crypto markets. Monitoring cross-market movements and institutional flows will be critical for capitalizing on this trend.

FAQ:
What does NVIDIA’s market cap milestone mean for crypto traders?
NVIDIA’s rise to the world’s largest company by market cap on June 3, 2025, signals strong investor confidence in AI and tech, which directly boosts AI-related crypto tokens like RNDR and FET. Traders can explore opportunities in these assets, especially with trading volumes spiking by over 40% in the last 24 hours.

How are AI tokens reacting to NVIDIA’s stock performance?
AI tokens such as RNDR and FET have seen significant gains, with RNDR up 8.3% to $11.45 and FET up 6.7% to $2.18 as of 6:00 PM EDT on June 3, 2025. These movements are driven by NVIDIA’s stock surge and growing interest in AI applications within blockchain.

Is there a risk of volatility in crypto markets due to NVIDIA’s stock movements?
Yes, while the current sentiment is bullish, overbought conditions in both NVIDIA’s stock (RSI 72) and AI tokens like FET (RSI 70) as of June 3, 2025, suggest potential pullbacks. Traders should set stop-loss orders and monitor equity market trends closely for signs of reversal.