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News Explorer — Bitcoin Dips Below $98K as China's DeepSeek AI Impacts Markets

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Jan 27, 5:52 pm
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Bitcoin Dips Below $98K as China's DeepSeek AI Impacts Markets

Bitcoin's price dropped below $98,000 due to DeepSeek's AI model challenging OpenAI's systems at a lower cost. The Nasdaq fell 3.5%, impacting Bitcoin's price at $99,600. The market volatility resulted in more than $966 million in crypto liquidations.

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