Bitcoin briefly dipped below $100,000 early Monday as a global technology stock sell-off rattled markets to start the week.

DeepSeek released an open-source artificial intelligence model in December after saying that it took only two months and less than $6 million to create it.

Chinese AI firm DeepSeek appears to be making waves among tech investors, potentially raising competition concerns. Nasdaq futures were recently down by more than 2%, pressured by news that the Chinese start-up can run its latest AI model on less advanced and cheaper chips,