Bitcoin's DeepSeek-Triggered Selloff Is a Buy the Dip Opportunity, Analysts Say

Description

Crypto assets saw a panicky decline overnight alongside a Nvidia-led tech stock plunge on DeepSeek's more efficient artificial intelligence model . With bitcoin ( BTC ) at one point sliding from a Sunday high of $105,000 to below $98,000 before bouncing back to its current level just below $100,000, some analysts warned this could be the start of an even deeper pullback. Among those taking the other side of that trade is Geoffrey Kendrick, global head of digital asset research at Standard Charte...