Nvidia NVDA Stock Surges 4% After-Hours on Strong Earnings: Impact on Crypto and AI Markets
According to Evan (@StockMKTNewz), Nvidia (NVDA) stock rose nearly 4% in after-hours trading following its earnings report on May 28, 2025. This positive movement reflects strong demand in the AI sector, directly impacting crypto markets that rely on Nvidia GPUs for mining and AI model training. Traders should monitor NVDA’s earnings momentum, as continued growth in Nvidia’s AI business can drive increased demand for crypto mining hardware and accelerate developments in blockchain-based AI projects (Source: Evan @StockMKTNewz, Twitter, May 28, 2025).
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The trading implications of Nvidia’s 4% after-hours gain are significant for cryptocurrency markets, particularly for AI-focused tokens like Render Token (RNDR) and Fetch.ai (FET). Historically, positive movements in Nvidia’s stock price, such as the jump observed at 5:00 PM EDT on May 28, 2025, have spurred interest in crypto projects leveraging AI and machine learning, as Nvidia’s hardware underpins much of this technology. On major exchanges like Binance, RNDR saw a 2.3% price increase to $10.15 within two hours of the Nvidia news, with trading volume spiking by 18% to $45 million between 5:00 PM and 7:00 PM EDT. Similarly, FET rose 1.8% to $2.22, accompanied by a 15% volume increase to $30 million in the same timeframe, as reported by CoinMarketCap data. This suggests that institutional and retail investors may be reallocating capital into AI tokens, viewing Nvidia’s strength as a bullish signal for the sector. For traders, this presents short-term scalping opportunities in RNDR/USDT and FET/USDT pairs, with potential entry points near current support levels of $9.80 and $2.10, respectively. However, caution is warranted, as overbought conditions could trigger pullbacks if broader crypto market sentiment shifts.
From a technical perspective, the correlation between Nvidia’s stock movement and AI crypto tokens is evident in market indicators. On May 28, 2025, as NVDA climbed 3.9% to approximately $1,140 per share by 6:00 PM EDT, the Relative Strength Index (RSI) for RNDR on the 1-hour chart hovered at 68, nearing overbought territory, while FET’s RSI stood at 65, per TradingView data. On-chain metrics further confirm heightened activity, with RNDR transactions on the Solana blockchain increasing by 12% to 25,000 between 5:00 PM and 7:00 PM EDT, according to Solscan analytics. FET’s on-chain volume on Ethereum also rose by 10% in the same period, per Etherscan data. In the broader crypto market, Bitcoin (BTC) showed mild positive movement, gaining 0.5% to $68,200, while Ethereum (ETH) increased 0.7% to $3,850 during the same two-hour window, suggesting a risk-on sentiment spill-over. For stock-crypto correlation, Nvidia’s performance often influences institutional money flow into crypto, as hedge funds and tech-focused investors diversify into digital assets. This is particularly relevant for crypto-related ETFs like the Bitwise DeFi & Crypto Industry ETF, which saw a 1.2% uptick in after-hours trading volume on May 28, 2025. Traders should monitor NVDA’s opening price on May 29 for sustained momentum, as a breakout above $1,150 could further fuel AI token rallies.
Lastly, the institutional impact cannot be overlooked. Nvidia’s earnings strength, reported on May 28, 2025, likely signals robust demand for AI infrastructure, which indirectly boosts blockchain projects reliant on high-performance computing. This could drive more institutional capital into crypto markets, as seen in past NVDA rallies correlating with inflows into Grayscale’s Digital Large Cap Fund, which often includes AI tokens. For traders exploring 'how Nvidia stock affects crypto markets' or 'AI tokens to watch after NVDA earnings,' focusing on RNDR and FET pairs against BTC and USDT offers promising setups. Keep an eye on volume changes and sentiment shifts in the coming 24-48 hours post-earnings for optimal entry and exit points.
Evan
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