Bitcoin fell below $100,000 for the first time since US President Donald Trump took office on Jan. 20, as global markets reacted to rising competition in the AI sector and shifting monetary policies. The world’s largest cryptocurrency by market capitalization dropped to as low as $98,046 on Jan. 27.
DeFAI and AI agents turned into the biggest losers during the latest market drawdown. The space took a hit as the AI narrative lost speed and whales rolled over into older memes and other assets.
Much of the concern draws from a possible overvaluation in U.S. tech companies as DeepSeek’s latest AI model is significantly cheaper to produce and was built using open-source technology that is easy to access.
Bitcoin's price dropped below $100,000 as traders took defensive positions ahead of the FOMC meeting, while unexpected developments in the AI industry added pressure to tech sector sentiment and cryptocurrency markets.
Bitcoin (BTC) breaks below $100,000 to start the last week of January as US stocks feel the heat from an AI showdown. BTC price drops with stocks to start tense week Bitcoin denied bulls both a historic weekly close and a strong start to the last week of January as a US stocks rout spilled over into crypto markets.
Bitcoin held steady while AI-focused tokens like AI16Z and VIRTUAL dominated gains after a major AI initiative was announced by President Donald Trump.
Following MicroStrategy's 11,000 BTC acquisition for $1.1 billion, bringing its overall holdings to 461,000 BTC, interest has turned to the potential
Innovative technologies converge to address global energy needs, highlighting the potential of clean power solutions.
AI agent tokens AI16Z, ARC, GRIFFAIN led crypto market gains, buoyed by reports of a $500 billion private AI infrastructure investment deal orchestrated by Trump. Bitcoin posted 3% gain trading at $106,000 as the broader market awaits Trump's first crypto-specific policies.
Bitcoin drops below $100K, sparking nearly $700M in crypto liquidations. Market fears over China’s DeepSeek AI weigh on tech stocks and cryptocurrencies.
Hopes that bitcoin can be a useful hedge from market turmoil are once again being dashed. The crypto currency is diving 4% to relinquish the $100K level as the sector is caught up in the broader market's risk off mood.
Riot Platforms, Inc. (NASDAQ:RIOT), a leading Bitcoin mining company valued at $4.48 billion, has been making waves in the cryptocurrency industry with its strategic expansion plans and recent forays into artificial intelligence and high-performance computing (AI/HPC).