Bitcoin Drops as U.S. Stocks Rally; NVIDIA Near $5T Market Cap While Ethereum and SOL Decline

COINOTAG News reported that U.S. equities closed at fresh highs this morning, with the three major indices extending gains. The Dow Jones rose 0.34%, the S&P 500 gained 0.20%, and the Nasdaq Composite advanced 0.80%, signaling renewed risk-on sentiment amid resilient macro data. NVIDIA jumped nearly 5%, lifting market capitalization toward the $5 trillion milestone as strategic partnerships support the rally and CEO Jensen Huang pushes back on AI-bubble chatter.

The cryptocurrency market turned softer, with Bitcoin slipping below $113,000 and Ethereum trading under $4,000, while SOL declined to $194. The total crypto market value stood around $3.881 trillion, down roughly 1.4% over the past 24 hours, reflecting a modest risk-off tone within digital assets.

Crypto-related equities followed the broader pullback, with Coinbase (COIN) dipping about 1.7%, Circle (CRCL) down near 5%, and MicroStrategy (MSTR) slipping roughly 3.7%. Several altcoins—OG, TURTLE, F, ZEN and ME—also posted notable 24-hour declines, underscoring dispersion in market leadership.