Gate Research: BTC and ETH Pull Back After Rallying, Options Volatility Rises Sharply Ahead of NVIDIA Earnings

• Stock Market Commentary: The three major U.S. stock indices rebounded as oil prices and Treasury yields declined, with technology stocks leading gains while energy shares came under pressure. Hong Kong equities edged lower on lighter trading volume, accompanied by net southbound outflows, with healthcare outperforming autos. South Korean equities closed higher as institutional and retail investors absorbed foreign selling; semiconductor stocks stabilized, while battery shares weakened.
• Crypto Market Commentary: Over the past 24 hours, major crypto assets entered a corrective phase following the previous rapid rally. BTC fell back below 80,000 USDT, with near-term price momentum under pressure and the rebound yet to see sustained volume expansion. ETH and GT also weakened, while the strength of any recovery in buying demand remains to be seen.
• Trending Tokens: MDT, AGI, and LOBSTER surged 199.44%, 63.16%, and 63.12%, respectively, potentially driven by capital rotation across data, AI, and meme narratives.
• Alpha Insights: Grayscale is moving to convert its Zcash fund into a listed product, broadening access to privacy-focused asset exposure. The Graph launched a trial of GRT liquid staking to test yield accounting and redemption processes. Meanwhile, ahead of NVIDIA’s earnings report, the options market is pricing in significant two-way volatility.

Discover more details today → Gate Research: BTC and ETH Pull Back After Rallying, Options Volatility Rises Sharply Ahead of NVIDIA Earnings

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

Disclaimer

Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Gate Team
August 26, 2026

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