#MarketPullback
The launch of AI
by the Chinese artificial intelligence initiative DeepSeek has brought serious declines in the market. The fear that the US has about artificial intelligence, as expected, has caused a loss of value exceeding 2% in Nasdaq futures. #bitcoin has also fallen below $100,000.
The collapse of DeepSeek in the financial market. DeepSeek's personal presentation of the open source R1, which has been talked about a lot in the technology world for a few weeks, has caused a decline in world markets.
Fear of "Ahead of the US?"
This step by DeepSeek has created fear in world markets that "Isn't the US sufficiently ahead of China in artificial intelligence?". The claims that only "closed source" models could be developed for China have also ended in this way. All these factors have increased the decline in chip companies and markets associated with the Western world. The declines in the chip world in Japan, where the markets are open, are especially striking.
Bitcoin below $100,000
The declines experienced especially in Nasdaq futures are creating negativity in Bitcoin. Bitcoin, which was traded around $105,000 yesterday, fell to $99,000 this morning. Bitcoin's total market value also fell to $99,000 per dollar in 2 markets. Donald Trump's "I'm behind you" message, which Bitcoin followed at night, could not prevent the decline.