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Why China's DeepSeek is causing Bitcoin and crypto market to plunge
Bitcoin (BTC) slipped below $100,000 on Monday as China-based artificial intelligence (AI) model DeepSeek began gaining popularity across the US market, overtaking OpenAI's ChatGPT. DeepSeek's impact also led to rapid declines in the stock market with NASDAQ — spearheaded by Nvidia — diving more than 3%.

Read the Full FXStreet Article at:
[ https://www.fxstreet.com/cryptocurrencies/news/why-chinas-deepseek-is-causing-bitcoin-and-crypto-market-to-plunge-202501272010 ]
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