Hello, this is Coinscript.

In today’s episode:

• ✍️ Here is Why Crypto is Bleeding Since Yesterday

• 1️⃣ Are We Buying This Dip?

Just click on the answer you prefer! It would help us a lot!

TOP STORY

Here is Why Crypto is Bleeding Since Yesterday

What is going on?

The whole crypto market has been actually bleeding since yesterday.

But Don’t worry! Coinscript is here to save the day!

Not to bring the prices back up, but at least explain to you the reason behind this sh*tshow!

Here is where we stood a couple of hours ago:

So, who did this?

China. Well, at least one of their companies did.

A Chinese company called DeepSeek launched its new AI chatbot, which is performing incredibly well, so well that it’s actually outperforming OpenAI (Creators of ChatGPT) on some parts, which is making investors incredibly nervous.

Okay, but how is this connected to crypto?

When big tech companies face trouble, their stock prices usually fall (like they did this time). Since many of the same investors who buy tech stocks also invest in Bitcoin, they often sell both when they get nervous. It's like a domino effect.

To make matters worse, everyone was expecting big news from President Trump about Bitcoin. While he did announce some plans about digital assets, he didn't announce a government Bitcoin reserve like many hoped he would.

The timing isn't great either - the Federal Reserve is meeting next week to discuss interest rates, and investors typically get cautious before these meetings.

HONORABLE MENTIONS #1

Are We Buying This Dip?

Red market is usually also a good time to buy in the dip you want.

We would suggest buying it sooner rather than later because this kind of chance won’t come around soon anymore.

Or it might, hell, who knows, we live in a weird time right now.

We are certainly buying some of the coins we wanted, how about you? Are you buying this dip?

Meme of the Day 🤣

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.