Chinese Artificial Intelligence Company DeepSeek's Cryptocurrency Predictions
Renowned Chinese artificial intelligence company DeepSeek has released its predictions for the potential decline in major cryptocurrencies this year.
DeepSeek's analysis focuses on hypothetical bear market scenarios, determining the lowest levels to which crypto assets could potentially fall.
Bitcoin, the world's leading cryptocurrency, is predicted to range between $51,000 and $61,200 by 2025, according to DeepSeek. This projection is based on historical bear market data and macroeconomic factors.
Ethereum, the second-largest cryptocurrency, could potentially drop to a range of $993 to $1,656. DeepSeek's model considers Ethereum's wide adoption as a mitigating factor against sharper declines.
Dogecoin, a speculative asset, faces the most pessimistic outlook. DeepSeek predicts a potential decline to $0.05 to $0.10 during a bear market.
Lastly, Ripple (XRP) could see a fall to the $0.76 to $1.22 range if it encounters legal challenges, according to DeepSeek.
Please note that these predictions are hypothetical and not intended as investment advice.