Bitget UEX Daily: Oil falls over Iran-US talk hopes, DRAM export prices surge, Nvidia snaps seven-day slide ahead of earnings
Bitget UEX’s Aug. 26 market daily put three developments at the center of trading: a drop in crude after reports that the U.S. and Iran may restart talks, a sharp jump in South Korea’s DRAM export prices, and Nvidia’s rebound before its earnings release. According to the report, WTI and Brent both fell 2.12% as expectations of renewed negotiations reduced the geopolitical premium tied to the Strait of Hormuz. The same note said South Korea’s August DRAM export unit price climbed 401% year over year to $92,183 per kilogram, reinforcing a tight-supply narrative that lifted semiconductor and storage names. Nvidia rose 2.19% to $213.05, ending a seven-session losing streak ahead of its second-quarter results. In crypto, BTC traded around $78,770, ETH was down 1.37%, the total crypto market cap stood at $2.73 trillion, and 24-hour liquidations reached $624 million. The report also flagged continued spot ETF inflows and highlighted key macro events this week, including U.S. core PCE data and Federal Reserve Chair Kevin Warsh’s upcoming Jackson Hole speech.








