Crypto miners rallied as social media giant Meta’s newly-announced “Meta Compute” initiative, aimed at building large-scale AI infrastructure, boosted sentiment for data center and high-performance computing sector. Iren (IREN) surged nearly 10%, while Bitfarms (BITF), Riot Platforms (RIOT), Bitdeer (BTDR) and Cipher Mining (CIFR) followed with 6–8% gains.
On the macro front, gold and silver pushed to fresh record highs as investors continued to favor precious metals as safe-haven assets. The move came as U.S. Federal Reserve Chair Jerome Powell confirmed that federal prosecutors have opened a criminal investigation into him, marking the latest escalation in tensions between the central bank and the Trump administration.
BTC and ETH face key resistances
BTC remains capped by a dense resistance zone between $93,500 and $95,000, a level that has repeatedly rejected upside attempts in recent weeks, Bitfinex analysts noted in a Monday report.
“Bitcoin is advancing into a dense supply zone,” the report said. “Until this supply is worked through, the market is likely to remain range-bound, with risk appetite rebuilding gradually rather than transitioning immediately into a renewed impulsive uptrend.”
Bitfinex also highlighted a “clean” derivatives slate, noting that options open interest has nearly halved from $52.5 billion to $28.6 billion. That sharp reset removes legacy dealer hedging flows, potentially allowing for more accurate price discovery based on current sentiment, the report said.