NVIDIA's financial forecast did not meet high expectations, Polymarket bets that Bitcoin will fall below 100K, BitMine price drops nearly 8%.

As the S&P 500 Index hits a historic high, investor expectations are also heating up. NVIDIA’s financial forecast did not meet high expectations, dropping more than 3% in after-hours trading. The crypto market saw widespread declines, with Bitcoin’s recent performance being relatively weak. On Polymarket, 61% of bettors have wagered that Bitcoin will fall below $100,000 before 2026. Yesterday, the stock prices of the digital asset financial company (DAT) all experienced big dumps, with Ethereum reserve leader BitMine dropping nearly 8%. Although Standard Chartered issued a report stating that Ethereum reserve companies are undervalued, comparing them to MSTR’s stock price, could this signal a comprehensive correction in DAT’s valuation?

NVIDIA’s financial forecast fell short of expectations, dropping more than 3% in after-hours trading.

As the S&P 500 index hits a historic high, investor expectations are heating up. Although NVIDIA’s performance exceeded expectations, investor hopes are even higher.

NVIDIA stated that sales for the third fiscal quarter are expected to reach about $54 billion, in line with Wall Street’s average expectations but below the optimistic forecast of $60 billion. This lukewarm outlook has intensified concerns that spending on artificial intelligence is slowing down significantly.

For a perfectly priced stock, this is enough to trigger a fall at the close. Even NVIDIA’s announcement of an additional $60 billion stock repurchase failed to boost market sentiment.

Since early April, the market value of this chip giant has increased by approximately 2 trillion dollars. Its performance marks the latest test of whether the artificial intelligence industry can maintain growth momentum under heavy pressure.

NVIDIA ( NVDA )'s stock price fell over 3% after hours, but it has still risen 33% year-to-date, maintaining its position as the world’s leading company by market capitalization.

The crypto market is experiencing a widespread fall, and Polymarket is betting that Bitcoin will drop below 100K.

The overall crypto market value fell by 0.53% to $3.86 trillion. Among the top ten cryptocurrencies, only SOL and DOGE maintained an upward trend, with SOL rising by 4.03% in 24 hours, staying above $200; DOGE slightly increased by 0.72%, reported at $0.2196 before the deadline.

Due to the recent weak performance of Bitcoin, 61% of bettors on Polymarket have wagered that Bitcoin will fall below $100,000 before 2026.

Presto Research analyst Min Jung stated that so far, the massive sell-off by whales and long-term holders has received sufficient buyer demand—especially from DAT and institutional allocators. However, if these large holders start to unwind their positions more aggressively, the key question becomes whether there are enough new entrants to absorb this supply. If demand fails to keep pace, a fall below $1 million becomes more likely.

All DATs fall, BitMine price drops nearly 8%.

Yesterday, the digital asset financial company (DAT) saw its stock price all experience a big dump:

Strategy (MSTR): price drops 2.65%

BitMine (BMNR): fall 7.85%

SharpLink (SBET): price drops 3.26%

Upexi (UPXI): price drops 3.92%

DeFi Development Corp (DFDV): price drops 4.63%

Although Standard Chartered issued a report stating that the Ethereum reserve company is undervalued and that the recent pullback is a good opportunity to buy in, comparing it with the stock price of MSTR, will this lead to a comprehensive correction of DAT’s valuation?

(Standard Chartered: Ethereum reserve companies are undervalued, now is a good time to enter the market)

This article states that Nvidia’s financial forecast did not meet high expectations, Polymarket is betting that Bitcoin will drop below 100K, and BitMine has seen a price drop of nearly 8%, first appearing in Chain News ABMedia.