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Crypto AI Sector Valuation Hits $32B as NVIDIA Stock Price Taps All Time Highs
NvidiaNvidia(US:NVDA) Yahoo Financeยท2025-10-02 20:23

Group 1 - The aggregate crypto AI sector reached a market capitalization of $32 billion, driven by NVIDIA's stock rally to all-time highs above $190 per share [1][4] - NVIDIA's valuation is approaching $4.6 trillion, solidifying its position as a dominant force in the global AI landscape [1][6] - The crypto AI market capitalization increased by 8.8% in the last 24 hours, indicating strong sector-wide growth linked to NVIDIA's performance [4][5] Group 2 - The broader crypto market experienced a boost as investors sought alternatives amid political risks from the US government shutdown [2] - Capital rotation from US treasuries into blue-chip stocks provided additional momentum for risk assets [2] - ADP private payroll data eased bearish concerns, with a 97.8% likelihood of an interest rate cut anticipated in the upcoming Federal Open Market Committee meeting [3]