Nvidia(US:NVDA) Benzinga·2025-11-20 02:17Core Insights - Leading cryptocurrencies did not benefit from a recent market spike, despite positive performance in stock futures following Nvidia's strong Q3 results [1] Cryptocurrency Market Performance - Bitcoin decreased by 0.17%, priced at $92,245.67, while Ethereum fell by 2.39% to $3,031.47 [2] - XRP and Dogecoin also saw declines of 3.61% and 3.36%, respectively [2] - Bitcoin experienced a bounce from a low of $88,500 to an intraday high of the $92,000s, although trading volume dropped by 20% in the last 24 hours [3] - Ethereum's price fell to an intraday low of $2,871.23, indicating a loss of momentum [3] - Cryptocurrency liquidations surpassed $650 million in the last 24 hours, with over $480 million in bullish positions liquidated [4] - Bitcoin's open interest rose by 2.74%, with over 75% of Binance traders holding long positions [5] Stock Market Reaction - Stock futures rose significantly, with the Dow Jones Industrial Average Futures increasing by 233 points (0.51%) and Nasdaq 100 Futures gaining 1.72% following Nvidia's earnings report [7] - Nvidia reported its 12th consecutive quarter of beating earnings and revenue expectations [7] Whale Activity in Bitcoin - A notable increase in Bitcoin whale transactions was observed, with over 29,000 transactions exceeding $1 million recorded this week [10] - The trend indicates a shift from selling to accumulating among Bitcoin whales [10] Analyst Insights - A cryptocurrency analyst suggested that Bitcoin needs to reach $94,000 to stabilize its weekly performance and hold above $95,000 for monthly recovery [11]