Today NVIDIA's earnings report will be announced. The results of the report will be significant for cryptocurrencies.
Last month, a record drop reaching $589 billion occurred with an impact of #DeepSeek at #NVIDIA . This drop affected all cryptocurrencies, especially $BTC and $ETH.
News suggesting that the DeepSeek AI model is cheaper and better than ChatGPT had a strong impact on NVIDIA shares.
🔔 ChaptGPT uses NVIDIA's latest technology chips. The disclosure that DeepSeek provides this service with cheaper cost chips brought about the $589 billion drop. Subsequently, a sharp recovery was experienced.
The results of the earnings report to be shared today will clearly affect the U.S. and cryptocurrency markets.
