Here’s why DeepSeek crashed your Bitcoin and crypto
DeepSeek spooked US markets on news that the model’s developers were able to produce a worthy competitor to American AI firms like OpenAI at a fraction of the cost. The firm claims it was able to develop its AI model on a shoestring budget of just under $6 million using less advanced hardware from semiconductor manufacturer Nvidia.
Bitcoin has ‘nothing to do’ with DeepSeek. Here’s why its price tumbled anyway.
Bitcoin on Monday fell below its $100,000 milestone for the first time in a week, as Chinese startup DeepSeek raised prospect of cheaper artificial intelligence models, sparking a tech selloff and weighing on broader investor sentiment.
Bitcoin’s next big rally? DeepSeek AI predicts $250K price target by end of 2025
Bitcoin’s legitimacy or expose its vulnerabilities with governments, retail investors, and institutions shaping its trajectory this year.
Bitcoin slips below $100,000 as China's DeepSeek drives tech sell-off: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin stumbles after Chinese startup DeepSeek reveals an AI model that puts the U.S. dominance in artificial intelligence in question and leads to a sell-off of tech stocks.
Bitcoin Traders Buy DeepSeek Dip
Bitcoin selloff fears triggered by China’s AI start-up DeepSeek are a buying opportunity, say analysts. Plus, Ripple CEO Brad Garlinghouse is advocating for a digital asset reserve with multiple cryptocurrencies,
DeepSeek's rise triggers 'overdone' selloff in bitcoin mining stocks, analyst says
A wave of selling swept through tech stocks Monday, including numerous bitcoin (BTC-USD) mining companies that have been branching into AI, triggered by the rise of Chinese AI startup DeepSeek, Still,
Bitcoin miners slump after DeepSeek raises questions about AI power usage. What’s next.
As attention on Chinese startup DeepSeek and its artificial-intelligence model led to a $1 trillion wipeout in the U.S. stock ...
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Bitcoin's DeepSeek-Triggered Selloff Is a Buy the Dip Opportunity, Analysts Say
Overzealous hopes for Trump's crypto actions last week had primed the market for a pullback, but the decline could be already ...
decrypt1d
China’s DeepSeek AI Is Good for Bitcoin, Says Standard Chartered
Standard Chartered's Geoffrey Kendrick explains why the impact of DeepSeek on the AI industry could be good for the Bitcoin ...
Did DeepSeek cause crypto to plunge?
OpenAI says Chinese startups, such as DeepSeek, are "constantly" cribbing the tech of leading AI companies in the US to ...
Bitcoin tumbles amid broader market jitters over Chinese AI app DeepSeek
Bitcoin fell 7% on Monday alongside a general slide among tech stocks including Nvidia, as China’s new artificial ...
WGMI: Buy The DeepSeek Meltdown?
DeepSeek's development cost was reportedly under $6 million, raising concerns about the competitive edge of US tech firms and future capex on AI LLMs. WGMI has significant exposure to Bitcoin mining ...
decrypt2d
Bitcoin Rebounds as DeepSeek Panic Subsides
Bitcoin has climbed back above $102,000 as Wall Street analysts offer measured takes on the Chinese AI startup's market ...
Bitcoin, Ethereum, Solana Crash — Here's Why China's Low-Cost AI Model DeepSeek May Be To Blame
Chinese AI startup DeepSeek's $6 million AI model has rattled global global markets, with experts warning it signals a major ...
CoinDesk3d
Bitcoin Dives to Under $99K as DeepSeek, FOMC Steal Trump Effect
Much of the concern draws from a possible overvaluation in U.S. tech companies as DeepSeek’s latest AI model is significantly ...