The encryption market had a terrible start this week, but it was not even the cipher itself.
Instead, the potential confusion from DeepSeek and the latest open source artificial intelligence (AI) models causes the collapse of technology and growth, which is also correlated with cipher.
Bitcoin (Crypto: BTC) Ethernereum and Etherneum decreased by 5 % in the past 24 hours at 3:00 pm (Cryptography: ETH) 7.7 % decreased and DOGECOIN (Crypto: DOGE) It has decreased by 8.5 %. But is the recovery on the way?
The reality of cryptographic investors is that cryptocurrency is not independent, but trading in correlation with technology and growth stocks. Therefore, it is not surprising to see the code down when the market is sold.
The decline in today’s market is related to Deepseek, a Chinese AI company that releases a competing model with the best Openai model in some costs. And it is said that it was trained for part of the cost of today’s best basic model.
If the DeepSeek model is actually cheap, the investment required in the Artificial Intelligence Data Center is not as expensive as expected, which may lead to expenditure. It has not been confirmed, but it is a fear of today’s market, and fear and uncertainty do not like the market.
Tech has been promoting many market profits in the past two years, so it is not surprising to supply fuel in the fall.
If this is the end of the execution of high -techable, it may be a bad news for the cipher. When the market dropped sharply in 2022, cryptographic loss significantly exceeded the technological loss.
The cryptographic industry is in a very different position today, but it may have raised the value of regulation tailor for the past three months. Currently, investors are at the moment they “wait and watch” for the new law and the innovation of the blockchain. It may take longer than investors have patience.
Bitcoin and Dogecoin have benefited the value of speculative assets in the past few months. Nevertheless, they lost their momentum to demand the evidence that the market has created the real value. Given the very high evaluation of the market and the lack of value proven by AI, I think the market may see the repetition in 2022.
Ethernereum is one token that should show signs of value in consideration of utility that can be built on an e -serium blockchain, but investors are slow due to recent release and success of President Donald Trump in Solana in Solana. I asked the high cost. Ethereum is too much to overcome.
The story will continue