BTC and ETH lost $442 million and $99 million respectively yesterday due to the market panic caused by DeepSeek

2025-01-28 09:34

Odaily News According to James Butterfill, head of research at CoinShares, due to the market panic caused by the DeepSeek-related news, Bitcoin and Ethereum saw capital outflows of US$442 million and US$99 million respectively yesterday.

Source Link

Recommended Articles

BitMart VIP Insights | October Crypto Market Review and Hot Topic Analysis

Weekly Funding Roundup | 8 projects received funding, totaling $59.4 million (October 27 - November 2)

Privacy Coin Revival: ZEC's Lightning-Fast Rebirth – From Binance Delisting Candidate to a 13-Fold Surge

November 2025 Market Outlook: From FOMC to x402 Agreement, a Comprehensive Analysis of Global Hot Topics

Pro

Why do we still need Bitcoin 17 years later?

From 0 to 1: Deploying your first AI application on Gonka

Ten-Day Review of the AI Trading Competition: An Open Class on Trends, Discipline, and Greed

Crypto VC in the cracks: liquidity dilemma, ecological reconstruction and breaking through the new cycle

24-Hour Flash News

2025-11-03 08:06

During North American winter time, the US stock market will open at 22:30.

2025-11-03 08:04

Polymarket monthly active users hit a record high; Kalshi leads the prediction market in monthly trading volume.

2025-11-03 07:48

Bitcoin spot ETFs saw a total net outflow of $192 million on October 31, marking the third consecutive day of net outflows.

2025-11-03 07:47

The Ethereum spot ETF saw a total net outflow of $98.2041 million on October 31, marking the third consecutive day of net outflows.

2025-11-03 07:32

OKX will launch spot trading of Hyperliquid (HYPE).

2025-11-03 07:16

Brother Machi has been partially liquidated again, and currently holds 835 ETH long positions.

Important News