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QCP: Cryptocurrency-related stocks fell under the influence of DeepSeek, reflecting the deepening connection between cryptocurrency companies and AI

ChainCatcher news, QCP released a daily market observation stating that DeepSeek remains at the top of the App Store rankings. Its latest AI version caused a huge stir on Wall Street and in the risk asset market yesterday, with the Nasdaq index dropping by 3%, and NVIDIA plummeting by an astonishing 17%. The AI frenzy of 2024 has pushed the Nasdaq's valuation to unsustainable levels, with a price-to-earnings ratio close to 27 times during trading. However, 2025 faces a series of new challenges, including uncertainty in the Federal Reserve's interest rate path, the impact of Trump’s policies, and the upcoming earnings reports from tech companies this week, which may pose downside risks for risk assets.Crypto-related stocks were not spared, with Core Scientific's stock price plummeting by 29%, and mining companies like Hut 8, Riot Platforms, and Cipher Mining also experiencing declines. This drop reflects their increasing integration with AI, as many companies are transforming their mining facilities into high-performance computing data centers.This trend seems to be driven more by risk-averse sentiment rather than specific crypto factors. Bitcoin (BTC) has found support and stabilized above $102,000, with more call options than put options currently. This week may test whether the correlation between BTC and the stock market has weakened, especially if a favorable regulatory environment provides potential support.

Greeks.live: This week, the influence of Chinese-speaking users on the market will temporarily decrease, and the market is focused on Thursday's Federal Reserve interest rate decision

ChainCatcher news, Greeks.live analyst Adam released the market outlook for this week (January 27 to February 2). The upcoming Lunar New Year will lead to a temporary decrease in market influence from Chinese-speaking users. Despite frequent economic policy announcements from Trump during his first week in office, the probability of the Federal Reserve maintaining interest rates unchanged this week remains as high as 98%. The market is focused on the Federal Reserve and European Central Bank's interest rate decisions on Thursday, with the Bank of Japan's rate hike already implemented and expectations for continued rate cuts in the Eurozone.In the cryptocurrency market, Bitcoin is currently fluctuating above $100,000, and the cooling of the TRUMP meme market has led to a dispersion of market enthusiasm. The options market shows a significant decrease in uncertainty, with the at-the-money implied volatility (IV) dropping below 55% for the week, and the full-term at-the-money IV falling below 60%. Recently, there has been a large volume of institutional bullish options trades, but after the rate hike was confirmed, institutions began to significantly increase their short positions. The Bitfinex interest rate market is performing steadily, and it is recommended to actively monitor suitable interest rate orders during market fluctuations.In terms of regulation, new EU regulations require cryptocurrency exchanges to comply with travel rule guidelines and strengthen anti-money laundering measures. Exchanges like Deribit must improve their KYC processes to operate normally. Important events this week include: Wednesday's Bank of Canada interest rate decision (22:45), Thursday's Federal Reserve interest rate decision (05:30) and European Central Bank deposit facility rate (21:15), as well as Friday's U.S. December core PCE price index (21:30).
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