Iren Bucks Bitcoin Sell-Off On AI Expansion. Gold, Silver Rally.

Core Insights - Stocks opened lower, but Tesla and Teradyne saw gains amid a broader market decline, particularly in cryptocurrency prices [1] - Iren stock experienced a significant increase after announcing an expansion in its AI cloud capacity, indicating a positive market response to its strategic initiatives [1][4] - Bitdeer Technologies' stock rose slightly due to an analyst price target increase, reflecting investor confidence in its performance [1][4] Company Performance - Iren's stock jumped 15% following earnings reports and a new status with Nvidia, showcasing its dual focus on Bitcoin mining and AI [4] - Bitdeer Technologies achieved a Relative Strength Rating of 84, indicating strong market performance [4] - Galaxy Digital's stock saw its Relative Strength Rating increase to 83, suggesting improved investor sentiment [4] Market Trends - Bitcoin and cryptocurrency prices faced a significant downturn, attributed to a liquidation wave that began over the weekend [1] - Gold prices reached a record high, indicating a shift in investor preference towards safer assets amid market volatility [1]