What caused the sudden market reaction???

The story begins when the innovative Chinese company Deep Seek offered a lower price for its AI products than large American companies such as Open AI and Nvidia, and many became concerned about the decline in the value of AI companies' stocks. 

As a result, the US stock market initially reacted negatively to this news, followed by the crypto market.
In 24 hours, its app ChatGpt flips and becomes the first app on the App Store.

Its impact can be clearly seen in the recent crypto market crash.
98 $degen