Bitcoin is currently trading above $102,000, but it is still down 6.5% from its all-time high in January. However, there is a noticeable recovery in the cryptocurrency market as investors reallocate their investments to their favorite crypto assets. This trend is driven by optimism about the long-term impact of AI on the market. Dogecoin, BNB, and XRP are among the top performers in this recovery. Wall Street analysts have offered measured perspectives on the impact of DeepSeek, a Chinese startup, countering initial market panic. It is believed that DeepSeek's emergence is not a threat to established players but rather represents an alternative path to efficient model training. NVIDIA suffered a significant loss in market cap due to DeepSeek's popularity. The company attempted to address investor concerns, stating that DeepSeek's work is compliant with export controls. President Donald Trump has softened his stance on China and sees the release of DeepSeek as a wake-up call for US industries to compete.



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