Live markets: Bitcoin's flat action continues as SpaceX IPO, Nvidia earnings capture news cycle

Live markets: Bitcoin's flat action continues as SpaceX IPO, Nvidia earnings capture news cycle

Source: CoinDesk

Published:13:51 UTC

BTC Price:$76957.6

#BTC #Crypto #Nvidia

Analysis

Price Impact

Low

Bitcoin's price action is described as 'flat' and 'muted' as the current news cycle is dominated by major tech ipos and earnings reports from companies like nvidia, drawing attention and capital away from the crypto market.

Trustworthiness

High

Price Direction

Neutral

Bitcoin is trading in a tight range around $77,000 and the article explicitly mentions 'flat action' and 'muted' price movements, indicating no significant directional shift.

Time Effect

Short

The current news cycle, dominated by spacex and nvidia, is a short-term event. once these events pass, attention may shift back to crypto markets.

Original Article:

Article Content:

live Updated just now Live markets: Bitcoin's flat action continues as SpaceX IPO, Nvidia earnings capture news cycle Hyperliquid's HYPE is the outlier in crypto, rising 16.5% over the past 24 hours to a new record high. By Stephen Alpher Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin holds near $77,000 (Getty images) just now · 1:51 PM Stephen Alpher Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email As U.S. markets open on Thursday morning, the talk is about pretty much everything other than crypto. Tech bellwether Nvidia (NVDA) last night reported an earnings beat and strong guidance, and shares are modestly higher in early trading. Perhaps overshadowing mighty Nvidia, Elon Musk's SpaceX (SPCX) filed for its IPO, which is expected to raise upwards of $80 billion at a valuation of $1.5 trillion or more. Alongside SpaceX, Sam Altman's OpenAI is expected to file for its own public offering, perhaps as soon as this week . Another AI giant, Anthropic, may also soon be joining the IPO move. The action is surely drawing attention — and capital — away from crypto, where the price action remains mostly muted, with bitcoin (BTC) trading in a tight range around $77,000 for the last 72 hours. Latest Crypto News 1 Blockchain.com files with SEC for U.S. IPO 1 minute ago 2 Bitcoin's long-term holder supply approaches record high, breaking multi-year downtrend 28 minutes ago 3 CoinDesk 20 performance update: Internet Computer drops 1.6%, leading index lower 35 minutes ago 4 Stablecoins retain the edge over tokenized money market funds, JPMorgan says 1 hour ago 5 It's not all HYPE: Privacy and quantum-resistant coins advance as bitcoin coasts 2 hours ago 6 The $6 billion expiration countdown: Traders pile into $82,000 bitcoin calls ahead of May 29 expiry 2 hours ago 7 HYPE leads crypto rebound as traders position for volatility breakout 2 hours ago 8 A crypto whale has made a $224,000 bet that XRP's price stays perfectly flat through June 4 hours ago 9 TradFi giant IG to expand crypto trading across Europe through Bitpanda 4 hours ago 10 Binance launches SpaceX pre-IPO perps amid $2 trillion valuation bets 6 hours ago Latest Research Risk-On Returns: Binance Leads the Flows Pickup Risk-On Returns: Binance Leads the Flows Pickup Majors are up 8.2% MTD and Binance is capturing 78% of CEX inflows. Stablecoin deposits are building dry powder while BTC outflows point to accumulation. This regime is currently trader-led. By CoinDesk Research May 14, 2026 Majors are up 8.2% MTD and Binance is capturing 78% of CEX inflows. Stablecoin deposits are building dry powder while BTC outflows point to accumulation. This regime is currently trader-led. Why it matters : Majors are up 8.2% MTD and Binance is capturing 78% of CEX inflows. Stablecoin deposits are building dry powder while BTC outflows point to accumulation. This regime is currently trader-led. View Full Report More From Markets Bitcoin's long-term holder supply approaches record high, breaking multi-year downtrend The $6 billion expiration countdown: Traders pile into $82,000 bitcoin calls ahead of May 29 expiry HYPE leads crypto rebound as traders position for volatility breakout