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Crypto Trends

Bitcoin is less than $ 100,000, which leads to 855 billion dollars in a shock in Deepseek Ai ⋅ Crypto World Echo

Bitcoin It witnessed a sharp decrease during the Asian trading hours, as it decreased to less than 100,000 dollars, as the market turmoil has widely affected the encryption markets and the wider securities.

according to Cryptoslat ‘ Data, BTC has decreased by more than 6 % over the past 24 hours, to a decrease in the level of $ 97,000 before recovery to 99290 dollars from the time of the press.

Decrease The momentum that prompted bitcoin To the highest level ever, $ 109,000 before the US President Donald Trump opening. Analysts note that this recession effectively indicates the end of the Trump product gathering, which has set the market in late 2024.

Arthur HayesPartimex co -founder, to caution More declines. He suggested that Bitcoin can decrease shortly to between $ 70,000 and $ 75,000, but he is still optimistic in the long run.

Hayes projects that Bitcoin will reach $ 250,000 before the end of the year, noting the potential financial instability and the renewal of cash as the main stimuli.

Meanwhile, other major cryptocurrencies reflected the Bitcoin path. ethereumBNB, Solanaand Xrpand DokwinAnd Cardano lost each of up to 9 %, which reflects the widespread caution on the market.

The stock market also decreases

Moreover, the impact of the decrease in the encryption market was also evident in American stock indicators, with a decrease in the future of NASDAQ 100 more than 2 %.

Copsy message estimated American stock markets can give up the market value of $ 1 trillion, highlighting the volume of investor concerns.

The company attributed the disturbances in the market to the increasing popularity of Debsic, which led it to the forefront in the application store and feared concerns about its impact on major American technology companies.

Deepseek is a Chinese artificial intelligence company, as it has exceeded the free and open source model Openai Chatgpt. Investment capitalist Mark AndersonDescribed The app is like:

“The moment of Sputnik of artificial intelligence.”

Laying madness

The fluctuation of the encryption market widely raised the liquidation boom, with Data From Coinglass shows more than $ 855 billion wiped. This affected more than 313,000 merchants.

According to the data, the long traders – who are betting on the increase in prices – cracked the heavier losses, which represents 794 billion dollars. On the other hand, the short traders, who were betting on the low prices, lost about $ 59 million.

Curding market filtering (Source: Coinglass)

Bitcoin merchants faced the most important losses, with a total of $ 259 million, including $ 247.5 million in long positions. Ethereum traders followed him, where they recorded $ 110 million in liquidation, with $ 104.8 million of long jobs.

The biggest individual liquidation event event HTXIncluding a long situation of $ 98 million btc-wedt.

Pamphlet Bitcoin decreased lower First appear on Cryptoslate.

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