Bitcoin drops 9%, with global markets reeling from disruptive AI innovations and uncertainty surrounding Trump’s regulatory plans.
Cryptocurrencies experienced a sharp decline on Monday as Bitcoin fell 9%, dropping below the $100,000 mark. The downturn was triggered by the unveiling of a groundbreaking AI model by Chinese startup DeepSeek and heightened uncertainty surrounding U.S. policies under President Donald Trump.
DeepSeek’s cost-efficient AI technology disrupted global markets, shaking investor confidence in tech stocks and riskier assets. The innovation has raised concerns about tech valuations, fueling a “risk-off” sentiment across financial markets, including cryptocurrencies.
President Trump’s recent executive order, which aims to develop a regulatory framework for digital assets, has had little immediate impact on the crypto market. Traders believe the long-term implications remain unclear, especially as the proposed framework stops short of confirming a U.S. Bitcoin reserve despite Trump’s earlier campaign promises.
Adding to the market turbulence, anticipation of a hawkish Federal Reserve meeting later this week has further dampened risk appetite. The central bank is expected to hold interest rates steady while maintaining a cautious tone on future economic policies.
The regulatory uncertainty and disruptive global developments like DeepSeek’s AI model have left the crypto market on shaky ground. Analysts remain divided on whether Trump’s executive action will provide long-term stability or create more market ambiguity.
As investors navigate these challenges, the cryptocurrency market’s volatility underscores the growing interplay between emerging technologies and global financial policies.
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