#DeepSeek冲击全球算力 January 27, 2025, is destined to be an unforgettable day for the global technology and financial community. The new model launched by DeepSeek has shocked the global AI field with its low-cost and high-performance characteristics. It breaks the traditional perception of the relationship between AI model training cost and performance, and achieves performance comparable to top models with only minimal cost and chip resources.

This news is like a bombshell, setting off a storm in the financial market. Nvidia's stock price plummeted by about 17%, and its market value evaporated by about $590 billion. The stock prices of many AI-related technology companies have fallen. The cryptocurrency market has not been spared. The price of Bitcoin has fallen sharply, once falling below the $100,000 mark, and its market value has evaporated by tens of billions of dollars. Many AI-themed cryptocurrencies have also suffered heavy losses, with astonishing declines.

Bitcoin and other cryptocurrencies are increasingly correlated with U.S. tech stocks, and investors regard them as risky assets similar to tech stocks. The emergence of DeepSeek has shaken the market's dependence on high-computing power chips and triggered investors' concerns about AI chips and related industries. This panic quickly spread to the cryptocurrency market, causing a collective plunge in cryptocurrency prices.