Crypto is in a cooling period after running to a new record last week and was pulled lower by the DeepSeek-driven sell-off in tech stocks.
Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution after the surging popularity of a Chinese artificial intelligence model sparked a selloff in Western AI-related stocks.
Bitcoin and other cryptocurrencies tumbled as the emergence of a new Chinese artificial intelligence model triggered a global selloff in riskier assets.
MicroStrategy revealed in a press release that it purchased 10,107 BTC for $1.1 billion at an average price of $105,596 per Bitcoin, achieving a year-to-date (YTD) BTC yield of 2.90%. With this latest purchase, MicroStrategy now holds 471,107 Bitcoin, according to Michael Saylor’s latest tweet.
Closely-watched crypto trader Arthur Hayes has warned of a looming "financial crisis" that he expects to unleash fresh Federal Reserve stimulus
El bitcóin y otras criptomonedas cayeron cuando la aparición de un nuevo modelo chino de inteligencia artificial desencadenó una venta masiva global de activos de mayor riesgo.
Bitcoin has sunk below $100K as analysts are calling for a sharp correction that could see it fall all the way to $70,000.
Bitcoin fell below $100,000 for the first time since US President Donald Trump took office on Jan. 20, as global markets reacted to rising competition in the AI sector and shifting monetary policies. The world’s largest cryptocurrency by market capitalization dropped to as low as $98,046 on Jan. 27.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
A leak has revealed Elon Musk could be planning to use bitcoin-inspired blockchain technology to power his Doge
Bitcoin fell over 6.5% to below $98,000 as traders took profits after Trump’s executive order identified the crypto industry as vital for US innovation.
Bitcoin hit a new high as President Donald Trump made big moves after his inauguration—like freeing Silk Road founder Ross Ulbricht.