{"id":50825,"date":"2025-02-02T21:37:09","date_gmt":"2025-02-02T21:37:09","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market"},"modified":"2025-02-10T22:04:43","modified_gmt":"2025-02-10T22:04:43","slug":"all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market","title":{"rendered":"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>The open-source and free release of Chinese artificial intelligence (AI) chatbot DeepSeek has sent shockwaves through the crypto market, triggering a sharp selloff in digital assets. Now all eyes are on the US Federal Reserve\u2019s upcoming interest rate decision.<\/p>\n<p>DeepSeek, a large language model (LLM), operates with significantly lower resource consumption than its rivals, including US-based OpenAI\u2019s ChatGPT and Google\u2019s Gemini. Its rapid rise in popularity across global mobile app stores triggered stock losses among major Western tech firms such as Nvidia.<\/p>\n<p>While Nvidia and other affected companies have seen some recovery, Bitcoin has lost over 5%, while altcoins have plunged as much as 15%. Blockchain-based AI projects have suffered the steepest declines.<\/p>\n<p>The total market capitalization of cryptocurrencies has dropped from $3.6 trillion to $3.3 trillion.<\/p>\n<p>Mustafa Batuhan Tufaner, an economist at Beykent University in Istanbul, told Anadolu that DeepSeek\u2019s ability to offer a more efficient AI service at a lower cost has raised concerns about the viability of highly expensive AI projects, contributing to the decline in crypto assets.<\/p>\n<p>\u201cAs in every sector, AI is a major driving force in the crypto market. Investment volume in AI is substantial, and chips play a crucial role in crypto mining. So developments in AI and chip technology can have a profound impact on the crypto market,\u201d he said.<\/p>\n<p>Tufaner said Bitcoin and several other cryptocurrencies reached record highs when Donald Trump won a return ticket to the White House last fall, as expectations of a pro-crypto economic stance fueled a bullish market.<\/p>\n<p>He emphasized that bullish periods often lead to profit-taking, and DeepSeek\u2019s emergence has created a strong motive for investors to realize profits.<\/p>\n<p>\u201cThe key question now is how other AI projects will respond to DeepSeek. In the medium term, potential geopolitical shifts stemming from Trump\u2019s trade policies will also influence the crypto market,\u201d he said.<\/p>\n<p>\u201cThere is an expectation of a bull run in the crypto market, but short-term fluctuations will persist. The Fed\u2019s rate decision and other macroeconomic indicators will be key factors, and Fed Chair Powell\u2019s statements on the timing of rate cuts will have a significant impact on market sentiment,\u201d he added.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Mauritius<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. The open-source and free release of Chinese artificial intelligence (AI) chatbot DeepSeek has sent shockwaves through the crypto market, triggering a sharp selloff in digital assets. Now all eyes are on the US Federal Reserve\u2019s upcoming interest rate decision. DeepSeek, a large language model (LLM), operates with significantly lower resource consumption than [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":50824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[2981,5569,2895,3683,241],"class_list":["post-50825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-ai","tag-deepseek","tag-fed","tag-interest-rate","tag-mauritius"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market - Mauritius<\/title>\n<meta name=\"description\" content=\"The open-source and free release of Chinese artificial intelligence (AI) chatbot DeepSeek has sent shockwaves through th ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market\" \/>\n<meta property=\"og:description\" content=\"The open-source and free release of Chinese artificial intelligence (AI) chatbot DeepSeek has sent shockwaves through th ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-02T21:37:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-10T22:04:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market\",\"datePublished\":\"2025-02-02T21:37:09+00:00\",\"dateModified\":\"2025-02-10T22:04:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market\"},\"wordCount\":386,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg\",\"keywords\":[\"AI\",\"DeepSeek\",\"FED\",\"Interest rate\",\"Mauritius\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market\",\"name\":\"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market - Mauritius\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg\",\"datePublished\":\"2025-02-02T21:37:09+00:00\",\"dateModified\":\"2025-02-10T22:04:43+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The open-source and free release of Chinese artificial intelligence (AI) chatbot DeepSeek has sent shockwaves through th ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg\",\"width\":864,\"height\":486,\"caption\":\"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mauritius\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/\",\"name\":\"Mauritius\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mauritius\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market - Mauritius","description":"The open-source and free release of Chinese artificial intelligence (AI) chatbot DeepSeek has sent shockwaves through th ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market","og_locale":"en_US","og_type":"article","og_title":"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market","og_description":"The open-source and free release of Chinese artificial intelligence (AI) chatbot DeepSeek has sent shockwaves through th ...","og_url":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market","og_site_name":"Mauritius","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2025-02-02T21:37:09+00:00","article_modified_time":"2025-02-10T22:04:43+00:00","og_image":[{"width":864,"height":486,"url":"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market","datePublished":"2025-02-02T21:37:09+00:00","dateModified":"2025-02-10T22:04:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market"},"wordCount":386,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg","keywords":["AI","DeepSeek","FED","Interest rate","Mauritius"],"articleSection":["all news","miscellaneous"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market","url":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market","name":"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market - Mauritius","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mauritius\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg","datePublished":"2025-02-02T21:37:09+00:00","dateModified":"2025-02-10T22:04:43+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The open-source and free release of Chinese artificial intelligence (AI) chatbot DeepSeek has sent shockwaves through th ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#primaryimage","url":"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg","contentUrl":"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/02\/sm_1738521186.992202.jpg","width":864,"height":486,"caption":"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mauritius\/all-news\/all-eyes-on-us-fed-after-chinese-ai-model-deepseek-crashes-crypto-market#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mauritius\/"},{"@type":"ListItem","position":2,"name":"All eyes on US Fed after Chinese AI model DeepSeek crashes crypto market"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mauritius\/#website","url":"https:\/\/www.africa-press.net\/mauritius\/","name":"Mauritius","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mauritius\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/posts\/50825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/comments?post=50825"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/posts\/50825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/media\/50824"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/media?parent=50825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/categories?post=50825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mauritius\/wp-json\/wp\/v2\/tags?post=50825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}