DeepSeek Sparks Crypto Sell-Off, Nearly $1 Billion Liquidated in 24 Hours

Chinese AI startup DeepSeek has sent shockwaves through global financial markets. As the narrative goes mainstream, Bitcoin and crypto markets recorded a bloodbath on Monday, with nearly $1 billion in total liquidations. Founded less than two years ago, DeepSeek has risen to prominence, positioning itself as a competitor to established AI giants like OpenAI, Meta, and Nvidia. Crypto Market in... source: https://beincrypto.com/deepseek-sparks-crypto-sell-off/