✦ Bitcoin $BTC experiences significant drop below $100K for the first time during Trump's presidency:

The emergence of DeepSeek, a new AI model from China, has shaken global markets, resulting in $864 million in liquidations within the crypto sector over a 24-hour period. Bitcoin $BTC ($BTC) fell beneath the $100,000 mark for the first time since President Donald Trump took office, reaching a low of $98,046 on January 27. This volatility is largely linked to DeepSeek's rapid ascent, which has led to its dominance over ChatGPT on the US Apple $AAPL App Store just a week post-launch.