Why Bitcoin, Ethereum, and Dogecoin Crashed Today

The crypto market had a terrible start to the week and it wasn't even crypto itself that caused the plunge.

Instead, DeepSeek and the drama around the potential disruption from the latest open-source artificial intelligence (AI) model has caused a collapse in tech and high-growth stocks and that's correlated to crypto as well.

Bitcoin (CRYPTO: BTC) has fallen 5% in the past 24 hours as of 3 p.m. ET, Ethereum (CRYPTO: ETH) is down 7.7%, and Dogecoin (CRYPTO: DOGE) is down 8.5%. But is a recovery on the way?

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Source Fool.com