Bitcoin (BTC) on Tuesday’s cryptocurrency market rose to nearly $ 103,000 on Tuesday. Previously, the breakthrough in China’s deep car led to a sharp decline in the US index on Monday, which aroused too much attention to its AI investment.
XRP led the growth of the encryption Grand Slam, an increase of 12 %, while Cardano’s ADA, BNB chain BNB, SOL and Dogecoin (Doge) of Solana were reduced by up to 9 %. Ether (ETH) rose 4.5 %, while the overall market value increased by 3 %.
In the past 24 hours, BTC has risen by nearly 4 %, which has decreased by more than $ 1 billion of futures liquidation from Monday, and the peak -based CoinDesk 20 (CD20) has decreased by 8.5 %.
Large -scale liquidation activities usually bring market purchase opportunities, because CoinDesk Point out on MondayBecause they can marked an excessive stretching market, indicating that price corrections have been carried out, except for other factors.
As a result, Trump token has risen by 12 %, and its leading advantage in medium -sized stocks may cost $ 5 billion in market limit.
Part of the Grand Slam event was due to Tuttle Capital, which submitted the first 2x lever ETF in the United States on Monday, and proposed that the product will return 200 % of the daily price performance of almost all major tokens, and BONK , Trump and Melania.
Monday’s nose potential is largely due to the breakthrough in China Display the model It is better than the AI giant OpenAI, and the budget established at the same time is 6 million US dollars, while a small part of the graphical processing unit (GPU) used by OpenAI (the recent closing box office has closed at $ 6.6 billion and the valuation is more than 157 million US dollars).
However, some traders pointed out that the breakthrough of DeepSeek is one of the series of factors that may affect the Bitcoin and encrypted markets in the short term.
Nick Ruck, director of LVRG Research, told CoinDesk in a telegram message. “Instead, the founders of the encryption project using AI can integrate the open source model of Deepseek into their projects to improve efficiency and enhance innovation.”
“However, because the macro data of this week has issued macro data including FOMC, and the income report from major companies such as Apple, Meta and ASML, there is still fluctuating water. Maintaining optimism is because the policy is very useful for the growth of the cryptocurrency industry in the United States and abroad.
Traders do not expect no signs to indicate that the two -day FOMC meeting planned to be held from January 28 to January 29th will reduce interest rates, which will usually affect Bitcoin prices because investors like or stay away from risk assets.
At the same time, QCP Capital, headquarters in Singapore, provides an accounting tips as part of the larger Tuesday market update.
The company said in the broadcast: “When we approach the year of the snake, the distortion and turning of the market reminds us of the wisdom symbolized by these two zodiac signs, adaptability and toughness-when we navigate the challenges and opportunities of 2025 , This will be essential. “
The gospel may have the truth, just like Cordisk Report on MondayEssence Bitcoin made a high profit for the Bulls in 2024 (the Dragon Year of China), and a Hong Kong-based company said that “unpredictable twists and turns” eventually brought new highs-based on “coarse green” and ” The brown green tree “Snake charts in Lunar.