Chinese AI startup DeepSeek's sudden rise to prominence raised concerns about potential risks to American AI and economic dominance. As a result, U.S. equity markets and cryptocurrencies experienced significant declines. However, Nigel Green, CEO of deVere Group, reassured investors that Bitcoin is not tied to the performance of any one company or nation. Green described Bitcoin as an asset that operates independently and is designed for periods of economic and geopolitical uncertainty. He emphasized its decentralized and borderless nature, making it a safe harbor in turbulent times and appealing to global investors.
Content Editor ( crypto.news )
- 2025-01-28
Bitcoin remains a ‘safe harbor,’ as DeepSeek concerns linger, says deVere CEO
