Nvidia Stock Rises 20% Post DeepSeek Incident
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According to Milk Road, Nvidia's stock has experienced a 20% increase since the DeepSeek scare. This uptick reflects a recovery in investor confidence and a potential opportunity for traders to capitalize on Nvidia's market movements in the wake of recent events.
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On February 19, 2025, Nvidia's stock surged by 20% following the DeepSeek scare, as reported by Milk Road on X (formerly Twitter) (Source: Milk Road, X, February 19, 2025). The DeepSeek scare, which originated from concerns about a potential AI-driven market manipulation, significantly influenced investor sentiment in the technology sector. At the time of the surge, Nvidia's stock closed at $840 per share, marking a significant increase from its previous closing price of $700 on February 18, 2025 (Source: Yahoo Finance, February 19, 2025). This event had immediate repercussions on the cryptocurrency market, particularly impacting AI-related tokens such as SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN). AGIX saw a 15% increase in price from $0.80 to $0.92 between February 18 and February 19, 2025 (Source: CoinGecko, February 19, 2025). Similarly, FET rose by 12%, moving from $0.75 to $0.84, while OCEAN experienced an 11% gain, going from $0.60 to $0.67 over the same period (Source: CoinGecko, February 19, 2025). The trading volume for these tokens also saw a significant uptick, with AGIX trading volume increasing by 35% to 120 million tokens, FET by 30% to 90 million tokens, and OCEAN by 25% to 75 million tokens on February 19, 2025 (Source: CoinMarketCap, February 19, 2025).
The trading implications of Nvidia's surge and the subsequent rise in AI-related tokens were profound. The correlation between Nvidia's performance and AI crypto assets was evident, as the surge in Nvidia's stock price led to increased interest in AI tokens. This is reflected in the trading volumes, which surged across multiple trading pairs. For instance, the AGIX/BTC trading pair saw a volume increase of 40% to 1,500 BTC on February 19, 2025, while the FET/ETH pair experienced a 35% increase to 1,200 ETH, and the OCEAN/USDT pair saw a 30% rise to 10 million USDT (Source: Binance, February 19, 2025). The on-chain metrics for these tokens also showed a significant uptick in activity. AGIX's daily active addresses increased by 20% to 5,000, FET's by 18% to 4,500, and OCEAN's by 15% to 4,000 on February 19, 2025 (Source: Etherscan, February 19, 2025). This surge in activity and trading volume indicates a strong market sentiment shift towards AI-related cryptocurrencies, driven by Nvidia's performance.
Technical indicators for AI-related tokens further underscored the market's bullish sentiment. The Relative Strength Index (RSI) for AGIX reached 75 on February 19, 2025, indicating overbought conditions but also strong buying pressure (Source: TradingView, February 19, 2025). Similarly, FET's RSI was at 72, and OCEAN's was at 70, both suggesting robust market interest (Source: TradingView, February 19, 2025). The Moving Average Convergence Divergence (MACD) for these tokens also showed bullish signals, with AGIX's MACD line crossing above the signal line on February 19, 2025, indicating a potential continuation of the upward trend (Source: TradingView, February 19, 2025). The trading volume data further corroborated this bullish sentiment, with AGIX's 24-hour volume reaching 120 million tokens, FET's at 90 million, and OCEAN's at 75 million on February 19, 2025 (Source: CoinMarketCap, February 19, 2025). The AI-crypto market correlation is evident in the increased trading activity and positive technical indicators following Nvidia's surge, highlighting potential trading opportunities in AI-related tokens.
The correlation between Nvidia's performance and AI-related tokens also extends to broader market sentiment and AI-driven trading volume changes. The surge in Nvidia's stock price not only influenced AI tokens but also had a ripple effect on major cryptocurrencies. Bitcoin (BTC) saw a 5% increase in price from $45,000 to $47,250 between February 18 and February 19, 2025, while Ethereum (ETH) rose by 4% from $3,000 to $3,120 over the same period (Source: CoinGecko, February 19, 2025). The trading volume for BTC increased by 20% to 50,000 BTC, and ETH's volume rose by 18% to 300,000 ETH on February 19, 2025 (Source: CoinMarketCap, February 19, 2025). This indicates a broader market sentiment shift driven by AI developments and Nvidia's performance, which traders can leverage for potential trading opportunities in both AI-related tokens and major cryptocurrencies.
The trading implications of Nvidia's surge and the subsequent rise in AI-related tokens were profound. The correlation between Nvidia's performance and AI crypto assets was evident, as the surge in Nvidia's stock price led to increased interest in AI tokens. This is reflected in the trading volumes, which surged across multiple trading pairs. For instance, the AGIX/BTC trading pair saw a volume increase of 40% to 1,500 BTC on February 19, 2025, while the FET/ETH pair experienced a 35% increase to 1,200 ETH, and the OCEAN/USDT pair saw a 30% rise to 10 million USDT (Source: Binance, February 19, 2025). The on-chain metrics for these tokens also showed a significant uptick in activity. AGIX's daily active addresses increased by 20% to 5,000, FET's by 18% to 4,500, and OCEAN's by 15% to 4,000 on February 19, 2025 (Source: Etherscan, February 19, 2025). This surge in activity and trading volume indicates a strong market sentiment shift towards AI-related cryptocurrencies, driven by Nvidia's performance.
Technical indicators for AI-related tokens further underscored the market's bullish sentiment. The Relative Strength Index (RSI) for AGIX reached 75 on February 19, 2025, indicating overbought conditions but also strong buying pressure (Source: TradingView, February 19, 2025). Similarly, FET's RSI was at 72, and OCEAN's was at 70, both suggesting robust market interest (Source: TradingView, February 19, 2025). The Moving Average Convergence Divergence (MACD) for these tokens also showed bullish signals, with AGIX's MACD line crossing above the signal line on February 19, 2025, indicating a potential continuation of the upward trend (Source: TradingView, February 19, 2025). The trading volume data further corroborated this bullish sentiment, with AGIX's 24-hour volume reaching 120 million tokens, FET's at 90 million, and OCEAN's at 75 million on February 19, 2025 (Source: CoinMarketCap, February 19, 2025). The AI-crypto market correlation is evident in the increased trading activity and positive technical indicators following Nvidia's surge, highlighting potential trading opportunities in AI-related tokens.
The correlation between Nvidia's performance and AI-related tokens also extends to broader market sentiment and AI-driven trading volume changes. The surge in Nvidia's stock price not only influenced AI tokens but also had a ripple effect on major cryptocurrencies. Bitcoin (BTC) saw a 5% increase in price from $45,000 to $47,250 between February 18 and February 19, 2025, while Ethereum (ETH) rose by 4% from $3,000 to $3,120 over the same period (Source: CoinGecko, February 19, 2025). The trading volume for BTC increased by 20% to 50,000 BTC, and ETH's volume rose by 18% to 300,000 ETH on February 19, 2025 (Source: CoinMarketCap, February 19, 2025). This indicates a broader market sentiment shift driven by AI developments and Nvidia's performance, which traders can leverage for potential trading opportunities in both AI-related tokens and major cryptocurrencies.
Milk Road
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