Bitcoin Falls Below $100,000 Amid Deepseek Concerns
- Bitcoin’s value dipped below $100,000 following news of China’s Deepseek technology.
- This decline occurred just a week into Trump’s presidency.
- QCP Group highlighted the need for a Strategic Bitcoin Reserve to stabilize prices.
- Other risk assets also experienced declines due to market concerns over Deepseek.
The QCP Group reported that bitcoin fell below $100,000 as global markets reacted to concerns about China’s Deepseek technology, affecting other risk assets as well.
Source (2.6)https://news.bitcoin.com/qcp-insights-bitcoin-not-likely-to-break-above-110000-without-strategic-bitcoin-reserve/?rand=52384
