Crypto Miner Mania
Crypto-miners are seeing aggressive buying, with New York session volume pushing these assets to the top of their daily ranges. Traders are piling in as crypto sentiment improves, ignoring broader market caution.
Market read, 3 November 2026
mixed Published 21:55 UTCOn 3 November 2026 130 of the 231 instruments Kinzan measured closed the 24 hours higher and 90 lower, with the risk dial at 45 of 100 (mixed). Of the instruments Kinzan tracks, Riot Platforms led at +18.41% and Palladium trailed at −3.82%.
Markets remain mixed as aggressive buying in crypto-miners and tech stocks like AMD and Oracle clashes with heavy liquidations in Shopify and industrial names.
The bifurcation between high-momentum tech/crypto and lagging industrial sectors has intensified since the previous session.
The day's movers, and what happened next
"Since" is close-to-close from this day to the latest daily close
| Instrument | That day | Surprise | Since |
|---|---|---|---|
| Riot Platforms RIOT | +18.41% | +3.5σ | +19.19% |
| MARA Holdings MARA | +11.35% | +2.9σ | −11.31% |
| AppLovin APP | +7.28% | +2.3σ | +59.35% |
| Intuitive Machines LUNR | +6.29% | +1.2σ | −0.10% |
| Oracle ORCL | +5.85% | +1.2σ | −8.00% |
| Palladium PALL | −3.82% | −2.3σ | +9.04% |
| Sugar No. 11 SUGAR | −3.73% | −2.0σ | −0.49% |
| KOSPI KOSPI | −3.59% | −1.1σ | −10.43% |
| Coffee COFFEE | −2.76% | −1.2σ | −1.39% |
| Merck MRK | −2.49% | −1.2σ | +1.42% |
Trending that day
On the board because they moved — not instruments Kinzan tracks, so no surprise figure and no page
- Aehr Test SystemsAEHR +26.50%
- Aurora Cannabis Inc.ACB +22.27%
- Array Technologies, Inc.ARRY +22.11%
- Stevanato Group S.p.A.STVN −28.57%
- XPLR Infrastructure, LPXIFR −15.54%
- Dynatrace, Inc.DT −14.69%
Themes in play
Tech Momentum Surge
High-growth tech stocks are experiencing extreme volatility and massive volume. New York session buyers are aggressively bidding up these names, signaling a strong appetite for AI-linked infrastructure and semiconductor plays.
Industrial Sell-off
Industrial and software names are facing heavy liquidation, with several assets pinned at their daily lows. The selling is concentrated in the New York and London sessions, suggesting institutional rotation out of these sectors.
Energy Sector Divergence
The energy sector is bifurcated, with Heating Oil rallying while ConocoPhillips suffers a sharp breakdown. This suggests traders are favoring specific commodity-linked assets over broader energy producers.
Forex Range Breakouts
Currency pairs are showing clear directional moves, with EUR-based crosses breaking out to the upside. Meanwhile, AUD/USD is suffering a breakdown, reflecting a broader shift in global risk sentiment.