Crypto Market Sees Mixed Trends as EPIK Surges and US Stocks Face Weakening Outlook
Jensen Huang, founder of NVIDIA, emphasized the importance of having both open-source and closed-source models in an AI ecosystem. He believes that this will ensure security.
The pre-market trading volume for Hyperliquid data reached $17.8 million, with smart money shorting 96% of it to make a profit. This suggests a bearish sentiment in the market.
The SOL-based meme coin EPIK saw its market capitalization surge above $23 million, rising more than 58 times within a day. Its creator stated that nearly 60% of the supply has been burned, and personally repurchased 356 million tokens.
Bank of America warns that US stocks may enter their weakest three-month window this year, with defensive assets such as gold and the US dollar expected to benefit.