Bitcoin slips below $100,000 as China's DeepSeek drives tech sell-off: CNBC Crypto World

  • Posted on January 27, 2025
  • By CNBC
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Bitcoin slips below $100,000 as China's DeepSeek drives tech sell-off: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin stumbles after Chinese startup DeepSeek reveals an AI model that puts the U.S. dominance in artificial intelligence in question and leads to a sell-off of tech stocks. Plus, multiple crypto businesses score licenses to operate in the EU after the region fully implemented crypto regulations at the end of 2024. And Paul Grewal of Coinbase shares his reaction to crypto policy put in place during President Trump's first week in office.
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