Bitcoin and crypto prices have plummeted due to a stock market sell-off triggered by the popularity of China-based artificial intelligence app DeepSeek. The bitcoin price is now below $100,000, down from its all-time high of nearly $110,000. Meanwhile, crypto trader Arthur Hayes has warned of a looming financial crisis that he expects will prompt the Federal Reserve to implement stimulus measures. Despite this, Larry Fink of BlackRock reveals discussions with sovereign wealth funds about buying bitcoin. Hayes predicts a correction in bitcoin and a mini financial crisis, but also expects the bitcoin price to reach $250,000 by the end of the year.



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