Hello everyone.
As there were reports about the Chinese DeepSeek AI startup triggering a significant market sell-off, causing Bitcoin and the wider crypto market to plunge, Bitcoin has shown resilience today is now priced at $102,967.52 with more than 4% price increase today on coinmarketcap.
Now what has caused the price spike in Bitcoin and most of the other crypto in the market today if it was the impact of DeepSeek? We don't really know. I believe people make their assumptions on these price fluctuations on what may have caused the price to fluctuate.
Anyway, the good news is that Bitcoin is up again today. Let's see how it behaves in coming days.
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