Bitcoin traded at $80,500, up 0.5 percent in 24 hours after dipping below $80K. Ether climbed to $2,490.55 and XRP gained roughly 1 percent each, as digital assets caught a late-morning bid despite capital flowing toward AI plays.
The Nasdaq Composite advanced for a second straight day on Anthropic's IPO prospectus, which showed unexpected positive operating cash flow and earnings. The surprise profit from an AI infrastructure play boosted sentiment across the sector. Elon Musk's weekend call for "guppy-level death" in neocloud stocks initially dragged the group lower Monday, but the rebound has been sharp: Nebius jumped 10 percent to $169.90, CoreWeave rose 5 percent, IREN gained 6.7 percent to $27.02, and Cipher Mining climbed 8.4 percent to $8.2920 on Tuesday.
SoFi reported adding 503,070 crypto accounts as of Sept. 30—less than a year after relaunching its crypto platform in late 2025. The fintech generated $161.6 million in crypto transaction revenue during Q3, with $160 million in costs, yielding $1.63 million net. Year-to-date through nine months, net crypto transaction revenue sits at $3.67 million. The company's overall revenue surged 44 percent year-over-year to $1.39 billion in the quarter, and shares rose 11 percent in premarket trading Tuesday.
Robinhood is scheduled to report Q3 earnings after the close Tuesday. Analysts expect $0.56 per share on $1.44 billion in revenue. HOOD shares were up more than 3 percent on the day, trading around $96, though the stock remains down 16 percent year-to-date and off more than 35 percent from its October 2025 peak.
Galaxy Digital topped Q3 earnings estimates, reporting treasury and corporate profit of $41 million, partly aided by Bitcoin price appreciation during the period.
In economic data, September new home sales fell to a seasonally adjusted annualized rate of 676,000 units, down from 684,000 in August but beating the forecast for 651,000. Consumer Confidence unexpectedly jumped to 91.7 from 81.9, surpassing predictions for a decline to 81.0. The 10-year Treasury yield ticked up 1.7 basis points to 5.0 percent.
