šØ #DeepSeek Shakes Markets, Crypto Plunges $1B šØ
Chinese #AI startup DeepSeek is making waves, sending shockwaves through global markets. As news of its rise spreads,
Bitcoin and major altcoins faced a sharp sell-off, with total
liquidations nearing $905M, affecting 316K+ traders.
š¹ Key Highlights:
*/ $BTC fell 5%, while major altcoins dropped 8-10%.
*/ Experts link the crash to stock market fears, not crypto
fundamentals.
*/ DeepSeek's open-source AI could disrupt giants like OpenAI
and #NVIDIA .
*/ AI crypto tokens lost 8,68% in market cap, now at $43B.
With uncertainty looming, all eyes are on the upcoming FOMC
meeting, which could determine cryptoās next move.
