Tech giants like Nvidia and Apple rebound, but crypto mining stocks face continued losses amid turbulence after DeepSeek...
DeepSeek’s launch triggered $534M in crypto outflows, crashing Bitcoin and Ethereum ETFs, while XRP defied the trend with fresh inflows.Crypto mining stocksETFs, which saw $1.9 billion in inflows during the first week of Donald Trump’s second term, were not spared.
“Yesterday’s rout in the markets caused by the DeepSeek news caused investors to panic, prompting outflows from Bitcoin and Ethereum totalling US$442m and US$99m respectively.”As the crypto market faced a dramatic single-day sell-off, total ETP outflows surpassed $534 million, rattling investor confidence.
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