Nvidia closes up 2.9%, biggest one-day gain since Sept 2

A single-session move of this size reads less as a verdict on Nvidia's fundamentals than as a reminder of how thin conviction has been around the name for roughly three months, when the last comparable gain landed. For crypto and RWA markets, the read-through is indirect but real: Nvidia has become a proxy for the broader AI trade that underpins sentiment across risk assets, so its strongest day in a quarter is a mood signal more than a catalyst. Whether this marks a durable shift in positioning or just a one-day reprieve is the open question, and the next session's follow-through will say more than the headline print.