It’s time for an additional Crypto Nook, the place The Each day Breakdown digs into Mantle and Render, then dives into the charts for Bitcoin.
Earlier than we dive in, let’s be sure you’re set to obtain The Each day Breakdown every morning. To maintain getting our every day insights, all it’s good to do is log in to your eToro account.
Crypto Nook
We’re persevering with our speak concerning the ins and outs of the crypto market, serving to traders grow to be extra aware of the 110+ cryptoassets supplied by eToro. Right now we’ll talk about Mantle and Render.
Mantle (MNT): Presently buying and selling close to $1.12 with a market cap of roughly $3.7 billion
Mantle is an Ethereum Layer-2 community launched in 2023 that makes use of Optimistic Rollups and a modular structure to ship sooner, lower-cost transactions whereas inheriting Ethereum’s safety. Execution runs on Mantle, with information availability dealt with by EigenDA. The MNT token is used for gasoline charges, staking, and governance inside the Mantle DAO, which advanced from BitDAO and oversees a big neighborhood treasury. Mantle is EVM-compatible, helps liquid staking by way of mETH, and hosts DeFi, GameFi, and NFT functions centered on scalable Web3 infrastructure.
Render (RENDER): Presently buying and selling close to $2.50 with a market cap of roughly $1.3 billion
Render is a decentralized GPU rendering community developed by OTOY that connects artists and builders with unused GPU computing energy. Constructed to help high-quality rendering, AI workloads, and digital content material creation, the community permits cost-efficient processing for animations, visible results, and 3D property. The Render token is used to pay for rendering providers and reward node operators offering GPU assets. Ruled by token holders, Render helps NFTs, AI-optimized workflows, and distributed media streaming, positioning it as a key infrastructure layer for digital creation.
Need to obtain these insights straight to your inbox?
Enroll right here
The Setup — Bitcoin
Crypto roared into This fall as a top-performing asset in 2025. Then volatility struck, dragging Bitcoin, Ethereum, Solana, and just about each different cryptocurrency decrease. BTC fell in six out of seven weeks at one level, dropping greater than one-third of its worth from its all-time excessive to latest low.
Now, it’s looking for its footing.
Discover how Bitcoin’s buying and selling vary has been tightening over the previous few weeks, and just lately, BTC hit its highest degree since mid-November, which is sweet information. Nonetheless, it’s testing into its declining 10-week transferring common and the $94K zone — the latter of which has been a key degree over the previous few months.
If BTC regains this space, bulls may search for a continued transfer to the upside, probably towards $100K. Nonetheless, if this space is resistance, Bitcoin might face a pullback.
Choices
For traders who can’t commerce or aren’t comfy buying and selling cryptocurrencies outright, they’ll think about ETFs for BTC and ETH. On the BTC entrance, IBIT stays the biggest ETF by property, whereas additionally supporting choices buying and selling.
Bulls can make the most of calls or name spreads to take a position on upside, whereas bears can use places or places unfold to take a position on draw back. In both case, traders could think about using sufficient time till expiration.
For these seeking to study extra about choices, think about visiting the eToro Academy.
What Wall Road’s Watching
XLF
Financials acquired off to a powerful begin yesterday, with the XLF ETF leaping 2.2% and was the second-best performing sector behind power. JPMorgan, Citigroup, Goldman Sachs, and Morgan Stanley helped lead the cost, as banks are set to report earnings subsequent week.
SLV
Geopolitical tensions have valuable metals again within the highlight as silver and gold rallied once more on Monday. The GLD ETF jumped 2.6%, whereas the SLV ETF climbed greater than 5%. With at present’s pre-market features, it’s on the verge of file highs. Take a look at the charts for SLV.
NVDA
Shares of Nvidia are in focus this morning after CEO Jensen Huang spoke at this yr’s 2026 CES occasion. He was capable of showcase the Vera Rubin AI platform and mentioned it’s on monitor for deployment within the second half of this yr. In keeping with Bloomberg, “the Rubin processor is 3.5 occasions higher at coaching and 5 occasions higher at operating AI software program than its predecessor, Blackwell.” Dig into the basics for NVDA.
Disclaimer:
Please notice that on account of market volatility, among the costs could have already been reached and eventualities performed out.
