DeepSeek's Open-Source AI Costs NVIDIA $600 Billion, Triggers $1 Trillion Sector Slump
Nvidia's stock dropped 16% on Monday as DeepSeek's low-cost AI model disrupted the U.S. tech sector, wiping out $1 trillion in a day.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
$1 billion in trading volume masks hidden liquidity risks for Coinbase stock token holders
More than $1 billion in reported trading makes Coinbase's stock tokens look active. For a holder looking to sell, the question is...
Bitcoin faces $16 billion options expiry Friday, then two more tests hit the rally
Bitcoin options carrying roughly $16 billion in notional value expire on Deribit at 08:00 UTC on Friday, Sept. 25. Calls account f...
10-year Treasury yield hits new high, pressures tech stocks and Bitcoin markets
Rising Treasury yields could lead to broader economic shifts, affecting borrowing costs and investor sentiment across various asse...
Spot Bitcoin ETFs Pull Nearly $1 Billion in Largest Daily Inflow in 11 Months
US spot bitcoin ETFs pulled $998.95 million in net inflows on Monday, the largest daily haul in 11 months, as bitcoin briefly topp...
Circle launches 24/7 stablecoin FX engine as it chases a slice of the $10 trillion currency market
Circle has switched on 24-hour stablecoin foreign-exchange settlement on Arc, targeting a global FX market that moves nearly $10 t...
Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility
SEC Commissioner Mark Uyeda said that the agency dropped many cases against crypto companies in early 2025 to avoid potential cred...