Bitcoin's price dropped below $100,000 as the crypto market reacted to the launch of Chinese AI rival, DeepSeek. The success of DeepSeek has raised concerns about overvaluation in U.S. tech stocks and has led to fears of a tech sell-off spilling into the crypto market. Despite the turbulence, analysts view this as a buying opportunity for Bitcoin, as short-term holders are not panicking and selling their BTC at a loss in large quantities. However, the success of DeepSeek has also sparked discussions about the valuation of the U.S. tech sector and whether American tech giants can maintain dominance as cheaper alternatives from China emerge. Traders are left wondering if this dip is temporary or the start of a bigger correction.



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