DeepSeek AI predicts Bitcoin price for end of 2025
The release of the novel Chinese artificial intelligence (AI) DeepSeek model – along with making many of the underlying processes open source – unleashed a tempest upon the American markets and had a strong spillover into the cryptocurrency market. Bitcoin (BTC), as the prime representative of digital assets, itself experienced a rapid and sharp drop during the weekend and on Monday, falling as low as $98,000 at one point on January 27. Still, the effect on cryptocurrencies proved short-lived – much like the impact on more closely related assets such as Nvidia (NASDAQ: NVDA) stock – and BTC, by press time on January 29, recovered to $102,646. Picks for you Trading expert sets ultimate target for the crypto market this cycle 16 hours ago ...