Why did cryptocurrencies collapse in hours? Including Bitcoin
The launch of the DeepSeek R1 artificial intelligence tool has raised investor concerns about the future of cryptocurrencies, as this technology was considered a threat to the valuation of currencies related to artificial intelligence and GPU-based operations. This concern prompted investors to sell their assets, especially with indications that the development of artificial intelligence may reduce the need for some cryptocurrencies that rely on expensive infrastructure. This, along with the liquidation of huge positions and the strength of the dollar, led to a sharp decline in the market, reflecting investors' concerns that the future of cryptocurrencies may be less optimistic.#China_and_America#DeepSeekImpact #BTC走势分析