Bitcoin $99,231.3 (BTC) is following a volatile course again, falling from the level of 106 thousand dollars. At the time the news was being prepared, it was trading around 98 thousand dollars, and this price trend worries investors. The main news that worries investors is the China-based artificial intelligence initiative. DeepSeekIt was the arrival of . DeepSeek caused ripples throughout the cryptocurrency market.
Why Is Bitcoin Falling?
According to expert opinions, DeepSeek artificial intelligence The system provides a great advantage in terms of cost. OpenAI’s artificial intelligence system ChatGPT It uses much lower capacity chips compared to . This competition has put the shares of companies such as Nvidia, which made a big breakthrough with the rise of artificial intelligence, under pressure. With this pressure, stock market indices in the USA and Japan fell sharply.
Experts state that the intensification of competition in artificial intelligence increases the perception of risk in the markets. Again, according to experts, Bitcoin faced a new sales wave for this reason. Some investors hope that the price, which fell below $ 100 thousand, will recover quickly. However, the remarkable fragility in the markets necessitates a cautious approach in investment decisions.
CoinCodex’s Bitcoin Review
CoinCodex, an artificial intelligence-based price prediction platform Bitcoin reviewAccording to him, this latest drop in price is temporary. The platform predicts that the rise will accelerate again in the coming period. Analysts argue that the price will exceed 130 thousand dollars in February.
With this cryptocurrency market Its participants experience an uncertain mood. They are currently floating between the tide of fear and greed. Index data clearly shows this sensitivity.
However, investors are still looking for buying opportunities. Analysts see the general mood of the market as optimistic. Therefore, according to experts, it is possible for Bitcoin to exceed the 100 thousand dollar threshold again.
Experts think that Bitcoin will maintain its global position in the long run. Because there is no visible decrease in corporate interest. On the other hand, it seems that artificial intelligence initiatives will continue to have an impact on the markets. Therefore, investors have to be prepared for instant fluctuations.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
