Bitcoin jumped 4% as US equities dropped ahead of Nvidia’s earnings report, but onchain data noted weak institutional demand. Does data show BTC’s rebound as a sign of spot buying?
Key takeaways:
Bitcoin rebounded 4% from a key range under $90,000, outperforming US equities on Tuesday.
Tech stocks slid ahead of Nvidia’s pivotal Q3 earnings, which may determine the next phase of the AI trade.