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Reading: Deepseek shock is not over! Artificial Intelligence Melting in Altcoins and mining shares continue!
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EdaFace Newsfeed > Latest News > Crypto News > Deepseek shock is not over! Artificial Intelligence Melting in Altcoins and mining shares continue!
Crypto News

Deepseek shock is not over! Artificial Intelligence Melting in Altcoins and mining shares continue!

vitalclick
Last updated: January 29, 2025 11:51 am
4 months ago
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Crypto money mining shares listed on the US stock exchange lost value on the second day. In contrast, Chinese artificial intelligence model Deepseek After the appraisal concerns, technology giants gave a signal of recovery. Nvidia shares 17 percent of the previous day after 8.8 percent of the leap drew attention. Bitcoin $102,381.3 It has been balanced above 100 thousand dollars, but the uncertainty of the Fed does not reduce interest rate reduction increases.

Decrease in crypto currency mining companiesTechnology Giants and Artificial Intelligence Altcoins

Decrease in crypto currency mining companies

Recently crypto currency mining The sector is having a challenging week. Riot platforms (RIOT) lost 4.37 percent value and saw the lowest level in the last week. Cleanspark (CLSK) and Mara Holdings (Mara) decreased by 2.47 percent and 0.14 percent, respectively. Experts emphasize that miners’ directing the calculation forces to artificial intelligence models is effective in this decrease.

Nvidia shares

Mining difficultyIncreased and aggravation of competition pushes companies to alternative income models. Especially artificial intelligence The server capacities rented for training reduce the profitability of crypto currency mining. This shares the confidence of investors in the sector and makes stock mobility uncertain.

Technology Giants and Artificial Intelligence Altcoins

The US Technology Index S&P 500 has recorded one of the third largest daily earnings in its history. Technology giants Apple 3.65 percent, Microsoft 2.87 percent and Meta He gave a positive signal to the market with a rise of 2.17 percent. Deepseek’s OpenAI Despite the claims of strong competition, US companies gained value.



Artificial intelligence continued a harsh decline in Altcoins. The total market value of the sector decreased by 5.11 percent in the last 24 hours to 42.33 billion dollars. Venice Token (VVV) was among those who lost the most with 20.29 percent. Virtuals Protocol (Vrtauals) also fell by 11.75 percent. Focusing that Bitcoin can stay over $ 100,000, investors are cautious before the Fed’s interest rate decision.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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