Well, right now we are having a #MarketPullback due to the new app #DeepSeek , a rival to ChatGPT which has a way smaller valuation, around 10m compared to the multiple billion on which OpenAi the creator of ChatGPT is worth.
It’s not really a factor that influences crypto directly.
My thought is right now people are overreacting with fears the stock market is overvalued, since it didn’t open yet the reaction is spreading to crypto.
Will crypto smooth a little or even bounce back once the stock market opens? Or will it get worse as the reaction will be multiplied by stocks fall?
I’m personally stacking coins such as $LINK $XRP $AVAX $IMX with good growth prospects and this dip seems a good entry point.
Won’t lie, sometimes it’s hard to resist to just buy it…