DeepSeek Report from Investment Firm QCP Capital: 'Crypto and Mining Companies Also Experienced Losses! Here are Those Companies'

DeepSeek's latest artificial intelligence model continues to dominate the App Store rankings, but its rapid rise is shaking global financial markets.

DeepSeek Artificial Intelligence Earthquake Triggered Sales in the Market, Nasdaq and Crypto Stocks Fell

According to QCP's daily market monitoring, the release of DeepSeek's latest artificial intelligence version has caused a significant reaction on Wall Street, resulting in a 3% drop in the Nasdaq index and a 17% value loss for NVIDIA in a single day.

The artificial intelligence explosion in 2024 pushed Nasdaq's valuation to unsustainable levels and the technology-heavy index traded at a price-to-earnings ratio of approximately 27. However, in 2025, markets are grappling with new challenges, including the following:

• Uncertainty about the Federal Reserve's interest rate hike path
• Possible policy changes under the Trump administration
• Upcoming technology earnings reports that could create additional pressure on risky assets

Crypto Stocks Are Following a Downtrend

Sales are not limited to traditional technology stocks; stocks related to crypto were also hit.

• While Core Scientific (CORZ) fell 29%, mining companies like Hut 8, Riot Platforms, and Cipher Mining also experienced significant losses.
• Most of these companies are increasingly turning their mining farms into high-performance computing data centers, focusing more and more on artificial intelligence.

Despite the market turbulence, Bitcoin (BTC) found support above $102,000, surpassing the decline bets with rising options.

Investors are closely watching whether the correlation between BTC and stocks weakens this week, especially if positive regulatory developments provide potential support for the crypto markets.