Coinbase and Nvidia Drive U.S. Market Gains to New Heights

The U.S. stock market registered substantial gains on July 17, 2025, as Nasdaq ended with a 0.74% increase and S&P 500 closed 0.54% higher, both marking new record highs.

This upsurge underscores the resilience in the tech sector, driven by Nvidia’s rise and Coinbase’s notable market performance, spotlighting investor optimism.

Nvidia’s $4.2 Trillion Milestone and Its Market Impact

Nvidia achieved a milestone, driving record market gains amid soaring demand for its AI advancements. Key player Jensen Huang continues to lead Nvidia’s AI revolution. Coinbase shares rose significantly, reflecting increased investor confidence.

Nvidia’s stock closed with a market value exceeding $4.2 trillion. This follows successful AI innovations as stated by CEO Jensen Huang: “AI is advancing at light speed…” Meanwhile, Coinbase’s surge by 3.15% illustrates cryptocurrency’s continued influence on traditional markets.

Jensen Huang, Founder & CEO, Nvidia: “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter. We’ve successfully ramped up the massive-scale production of Blackwell AI supercomputers, achieving billions of dollars in sales in its first quarter. AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionize the largest industries.” – Nvidia Official Release

Bitcoin’s $2.40 Trillion Market Cap and Future Innovations

Did you know? Nvidia’s utilization of AI technology has paved the way for a consistent rally in its stock, echoing similar growth patterns observed during the early stages of the tech boom in the 1990s.

Bitcoin, symbol BTC, maintains dominance with a market cap of $2.40 trillion. Latest figures show a 24-hour trading volume at $74.50 billion, as per CoinMarketCap. The cryptocurrency increased 1.73% in the last 24 hours, captivating investor interest.

Nvidia’s pivotal role in tech innovation pushes boundaries for AI and blockchain convergence. Experts from Coincu highlight potential regulatory landscapes influencing future progress, while historical patterns suggest a progressive trajectory for related markets.