Glassnode co-founder: AI encryption narrative has been mediocre recently, and may face the risk of capital withdrawal
ChainCatcher news, Glassnode co-founder Negentropic stated that the impact of the DeepSeek AI event will pose challenges to tech stocks and risk assets in the coming week. The opening of CME futures shows negative sentiment, with Nasdaq futures falling 1.5%.
He also reminded that the recent performance of AI encryption narrative is mediocre and may face the risk of capital withdrawal. He suggested paying attention to trends related to targets such as NVDA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
September 7: Zhang Lihui’s Bitcoin (BTC) market analysis and trading suggestions for today
A major whale has lost $20.17 million in 20 days and currently holds $106.6 million in short positions
Tiger Gold issues 25,619,351 units after special warrants are deemed exercised
Shareholder Value Beteiligungen NAV per Aug. 31 rises 10.5% m/m to EUR 119.76/share
Crypto prices
More
