#MarketPullback
The crypto market appears to be suffering after a massive sell-off sparked by reactions to DeepSeek AI news.
- Bitcoin (BTC) has fallen below $100,000, while altcoins turn red amid a slump in tech stocks.
- Coinglass reports a staggering 850% increase in liquidations, wiping out nearly $1 billion in positions.
- Over 344,000 traders have faced liquidations, with Bitcoin, Ethereum, and Solana the hardest hit.
- DeepSeek, an AI from China, is challenging the dominance of American AI, shaking up risk assets globally.