Bitcoin bounces back above $100,000 amid DeepSeek shock; Altcoins rally up to 13%

  • Posted on January 28, 2025
  • By Business News Today
  • 3 Views
Bitcoin bounces back above $100,000 amid DeepSeek shock; Altcoins rally up to 13%

Bitcoin rose above $100,000, recovering from a selloff triggered by DeepSeeks rise in the AI space. Altcoins like XRP, Solana, and Dogecoin gained 4-5%. While Bitcoins short-term rebound is seen, market sentiment remains divided on its long-term trend. With a 30-day correlation to Nasdaq, Bitcoins recovery continues amid challenges in global markets.
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