NVIDIA Tokenised bStocks Rides Crypto Market Rally
NVIDIA Tokenised bStocks (NVDAB) saw its price increase by approximately 2% in 24 hours to $223.91 on Monday, driven by a fresh rally, while underperforming the broader crypto market's +5.16% gain.
Traders reported that the price move was driven by positive beta to a surging market, with a notable spike in its own trading volume suggesting increased interest.
The total crypto market cap rose 5.16% to $2.89 trillion, with Bitcoin leading at +5.43%. NVDAB's +1.71% move, while positive, represents a significant underperformance, suggesting it captured only a portion of the general bullish flow.