Michael Saylor's MicroStrategy Plummets Over 5% In Pre-Market As Chinese AI Startup DeepSeek Sends Shockwaves Through Crypto Universe: BTC Falls 5%, Dipping Below 100K

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Michael Saylor's MicroStrategy Plummets Over 5% In Pre-Market As Chinese AI Startup DeepSeek Sends Shockwaves Through Crypto Universe: BTC Falls 5%, Dipping Below 100K - Benzinga

Quick Summary:

Furthermore, Bitcoin and its levered play MicroStrategy fell as CME futures opened and its FedWatch tool projected a 99.5% probability of no change in interest rates for the upcoming Jan.31 Federal Open Market Committee (FOMC) decision.

Shares of Michael Saylor‘s MicroStrategy Inc (NASDAQ:MSTR) fell over 5% in pre-market trade after Bitcoin (CRYPTO: BTC) prices plunged below $100,000 following a drop in U.S.index futures.

What Happened: The fall in cryptocurrencies and equities intensified as China’s DeepSeek became the number one downloaded application on Apple Inc.’s App Store over the weekend.