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Bitcoin and crypto prices have moved sharply lower, diving along with a stock market sell-off sparked by the surging popularity of China-based artificial intelligence app DeepSeek.
The bitcoin price has dropped under $100,000 per bitcoin, down from an all-time high of almost $110,000 ahead of U.S. president Donald Trump's inauguration (despite the chief executive of major bitcoin and crypto exchange Coinbase predicting when the bitcoin price could flip gold's $18 trillion).
Now, as BlackRock's Larry Fink reveals his discussions with sovereign wealth funds about buying bitcoin, closely-watched crypto trader Arthur Hayes has warned of a looming "financial crisis" that he expects to unleash fresh Federal Reserve stimulus measures.
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ForbesLeak Reveals Musk’s Doge Could Be About To Trigger A Bitcoin-Inspired Price Game-ChangerBy Billy Bambrough