Source: Economic Times [India]
“Bitcoin (BTC) rose back above $100,000 on Tuesday, showing signs of recovery after the shock caused by the selloff triggered by Chinese AI startup DeepSeek. By 11:00 AM IST, Bitcoin had risen 2.6%, reaching $103,044. Other smaller cryptocurrencies like XRP, Solana, BNB, and Dogecoin also gained 4-5%. DeepSeek’s rise in the AI space has sparked concerns about overvaluation in U.S. tech stocks, and crypto markets are feeling the impact.” (01/28/25)