NVIDIA Tokenised bStock Plunges Amid Rising Treasury Yields and Tech Selloff

NVIDIA's tokenised bStock (NVDAB) has fallen by 2.58% to $219.26 over the past 24 hours, underperforming a slightly positive crypto market.

The drop is primarily driven by a decline in the underlying Nvidia stock, which fell around 2% on August 18 amid a broader tech selloff triggered by rising Treasury yields.

Markets are now focused on Nvidia's upcoming earnings on August 26 as a key catalyst. NVDAB's price is directly tethered to traditional market movements for Nvidia stock, making it sensitive to macro and sector sentiment.