Training joins the ranks of those affected by the superiority of "Deep Seck"
Digital assets have given losses amid the distortions of the world markets raised by the Chinese artificial intelligence business DeepSeek, a decline raising questions about the future of cryptocurrencies after its wealth last year. The price of a bachelor at the 101800 dollars level at 10:21 p.m. Cultures such as “Ethereum” and “Solana” have also suffered more losses due to the sharp decline in the “Nasdaq 100” index for the shares of US technology companies. Deep Seck threatens cryptocurrencies. The sudden success of the Open Source “Deep Cick” platform indicates an increased competition in the field of artificial intelligence by China, which exacerbates concerns about the high assessments of the sector in the United States. Read more: “DeepSeek” entered the world’s wealthy 108 billion in one day, while the threat to encrypted currencies; It is that the widespread anxiety in the stock markets leads to the erosion of speculation appetite on a larger scale, which limits the positive impact of an executive order issued by President Donald Trump and aims to provide organizational support for digital assets. The close relationship between the formation and shares of US technology companies emphasizes the weakness of the cryptocurrency in the light of the market fluctuations. The 30 -day correlation laboratory between the cryptocurrency and the ‘Nasdaq 100’ index is about 0.67, according to the data collected by ‘Bloomberg’. Reading the correlation coefficient to one indicates that the assets are moving simultaneously, while reading at one negative show that there is an counter -ratio. Concurrent moves between the formation and shares of the technology Charlie Morris, the investment officer in ‘by the’ by -entering ‘management’, says, ‘it became difficult to distinguish between composition and major technology companies as they move together.’ Read more: With a formation that ends up below 100 thousand dollars due to profitable operations, and despite the issuance of the executive order and the fall in the dollar index this year, a composition cannot reach the price levels higher than in the past, “and Morris wrote in a research note. The cryptocurrency recorded a record level at 109241 dollars before Trump was installed on January 20, but the price dropped afterwards. The decisions or orders made by the president on Thursday could not have a noticeable impact on the financial markets. Bitcoin jumped by 465% during the 2023 and 2024, raising questions about the sustainability of the increase and positive in the market. The rise of training depends on Trump’s policy, Trump’s position, which supports the encrypted currencies, is a strong pillar to support Bitcoin, according to Jonathan Yark, a first quantitative trader at the market maker “Acheron Trading”. He said: “If the Trump administration has submitted a strong policy to support digital currencies, it is expected to positively change the prices of training and digital assets, even with the decline in demand in traditional markets.” Read more: Cross -currency businesses: Trump’s decision paves the way for the issuance of favorable legislation soon, part of the digital asset market is facing an increasing decline. This has become an indication that detects the digital assets that make up the lowest value of the largest 100 digital origin, by more than 10% since the beginning of the year. For Bitcoin coin, it is likely that “the price range of $ 90 thousand to $ 110,000 lasts with the stability of the market,” according to Caroline Moron, the participating orbiting institution, providing liquidity for cryptocurrency deductions.