Nvidia assembled a $500 billion AI war chest with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR — and the stock fell anyway. Crude surged 5% to $82 on stalled Strait of Hormuz talks, driving the 10-year above 4.7% and flipping September Fed odds toward a hike. Bitcoin failed at $65,000 for a fourth straight day while gold pushed to $4,357. Here's the one variable driving all of it — and why Wednesday's CPI decides what happens next.

Senate leadership is racing to advance the Digital Asset Market CLARITY Act, with the Trump administration and 1,200+ tech companies pushing for passage. Meanwhile, Bitcoin holds steady near $64,000 as Ethereum, Solana, and XRP each carve their own path. Here's what's moving the market today.