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Bitcoin miners slump after DeepSeek raises questions about AI power usage. What’s next.
As attention on Chinese startup DeepSeek and its artificial-intelligence model led to a $1 trillion wipeout in the U.S. stock market on Monday, shares of bitcoin miners with exposure to artificial intelligence also tumbled.
DeepSeek's rise triggers 'overdone' selloff in bitcoin mining stocks, analyst says
A wave of selling swept through tech stocks Monday, including numerous bitcoin ( BTC-USD) mining companies that have been branching into AI, triggered by the rise of Chinese AI startup DeepSeek, Still, Piper Sandler argued that the correction in bitcoin miners was overdone.
Core Scientific Top AI Pick in Bitcoin Miners Despite DeepSeek Dislocation: Bernstein
Bernstein remains bullish on Core Scientific (CORZ) even after the shares tumbled 30% earlier this week as Chinese artificial intelligence (AI)
20h
on MSN
Here’s why DeepSeek crashed your Bitcoin and crypto
DeepSeek spooked US markets on news that the model’s developers were able to produce a worthy competitor to American AI firms ...
3d
on MSN
Bitcoin has ‘nothing to do’ with DeepSeek. Here’s why its price tumbled anyway.
Bitcoin on Monday fell below its $100,000 milestone for the first time in a week, as Chinese startup DeepSeek raised prospect ...
6h
on MSN
AI cryptos recover as DeepSeek hype fades: what’s next for iDEGEN price?
AI experiment iDEGEN looks to leverage the enhanced sentiments for impressive performance after its February 27 exchange ...
CoinDesk
4d
Bitcoin Dives to Under $99K as DeepSeek, FOMC Steal Trump Effect
Much of the concern draws from a possible overvaluation in U.S. tech companies as DeepSeek’s latest AI model is significantly ...
decrypt
3d
Bitcoin Rebounds as DeepSeek Panic Subsides
Bitcoin has climbed back above $102,000 as Wall Street analysts offer measured takes on the Chinese AI startup's market ...
1h
Bitcoin Weekly Forecast: BTC in positive tone ahead of third highest-returning month
Bitcoin began the year by hitting a new all-time high of $109,588 on January 20, ending with a return of over 11.00% in the ...
2h
Canadian bitcoin miner Bitfarms mulls pivot to AI data centers
Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to ...
decrypt
1d
China’s DeepSeek AI Is Good for Bitcoin, Says Standard Chartered
Standard Chartered's Geoffrey Kendrick explains why the impact of DeepSeek on the AI industry could be good for the Bitcoin ...
3d
Crypto Daybook Americas: Bitcoin Rebounds as DeepSeek Concerns Wane, AI Tokens Regroup
The crypto market is showing signs of stabilizing, with bitcoin recovering to $102,000 and positive signals from futures tied ...
3d
TeraWulf: Forget DeepSeek And Bitcoin, The Future Is U.S. High-Performance Computing
TeraWulf's stock dropped 15% amid the technology sector crash & Bitcoin decline, fueled by panic selling over China's AI & ...
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