Reported 2 days ago
A recent upheaval in the AI market, particularly due to the rise of Chinese startup DeepSeek, has led to significant volatility in cryptocurrency values, with Bitcoin prices dipping to around $102,800. This decline comes amid a broader sell-off of digital assets and increased scrutiny of the sustainability of high valuations in US tech stocks. Analysts suggest that Bitcoin's strong correlation with these tech stocks makes it vulnerable to market shifts, and despite significant gains in the previous years, uncertainty looms over the future trajectory of crypto investments.
Source: YAHOO