On January 27, $BTC price fell 6% as stock markets reacted to the launch of China's open-source AI model, which was hailed as a major challenge to US AI firms like OpenAI. The news that the model developed by DeepSeek, was created on a budget of just under $6 million using less advanced Nvidia hardware spooked investors, causing significant losses in tech stocks, including all of the "Magnificent Seven" — Apple, Nvidia, Tesla, Microsoft, Amazon, Meta, and Alphabet — with Nvidia seeing a nearly 17% drop.

Isn't that an interesting shakeup?

$XRP seems to be doing pretty well 😊