Wincent Senior Director: If future macro data suggest higher interest rates, bitcoin may pull back to $70,000
2025-01-27 12:00:57
Paul Howard, senior director at Wincent, said that if future macro data hinted at higher interest rates, Bitcoin could pull back to $70,000. DeepSeek's open-source big language model, launched in December last year, took only two months and cost less than $6 million. Its efficient development model was called "AI's Sputnik moment" by Marc Andreessen. Morgan Brown, vice president of AI products at Dropbox, pointed out that DeepSeek broke the model of "only tech giants can play AI" and overturned the economics of AI.
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