Bitcoin finally bounces, outpacing stocks ahead of Nvidia earnings: Will the BTC rally hold?

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Bitcoin jumped 4% as US equities dropped ahead of Nvidia’s earnings report, but onchain data noted weak institutional demand. Does data show BTC’s rebound as a sign of spot buying?

Key takeaways:

Bitcoin rebounded 4% from a key range under $90,000, outperforming US equities on Tuesday.

Tech stocks slid ahead of Nvidia’s pivotal Q3 earnings, which may determine the next phase of the AI trade.

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