The cryptocurrency market has experienced a significant decline in the wake of the release of DeepSeek AI's R1 model, which has led to losses across the board. Despite positive developments such as Trump's executive orders on crypto regulation and the establishment of a Presidential Working Group on Digital Asset Markets, investor anxieties and market sell-offs have outweighed these factors. The decline has also been exacerbated by liquidations and a stronger US dollar. The future outlook for the market remains uncertain, with the Federal Reserve's upcoming meeting expected to impact sentiment. While some analysts remain optimistic about the long-term prospects of the market, caution is advised in the short term.



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