Economy

Crypto market
Bitcoin falls below $90,000: Macro situation worries

Bitcoin falls below the $90,000 mark and is trading at lunchtime around $88,000. This is the cryptocurrency's lowest price since mid-November last year, writes Bloomberg.

The Bitcoin price has fallen around 20 percent since Donald Trump's inauguration, which is seen as a sign that the increased risk appetite in connection with the US election is about to subside.

The decline is likely due to the broader uncertainty about the macro situation that has hit financial markets in recent days, says Adrian Przelozny, CEO of crypto exchange Independent Reserves.

The shift of power in Germany
Merz: Too early to talk about reform of the debt brake

CDU leader Friedrich Merz rules out a reform of the so-called debt brake in the near future. This is what Germany's future Chancellor tells German media, according to Direkt.

- I see it as difficult right now. There are discussions, I can't say more than that, says Merz.

The CDU leader does not yet have a date for when he will meet US President Donald Trump.

Tesla's future
Tesla's market capitalization falls below $1 trillion

Tesla's market capitalization fell below $1 trillion for the first time since November when the stock plunged more than 8 percent on Tuesday, AFP notes.

This means Elon Musk's company falls to eighth place among the most valuable listed companies in the US with a valuation of around $969 billion.

Warren Buffett's Berkshire Hathaway, which climbed above $1 trillion on Monday in the wake of this weekend's record financial results, rises to seventh place instead.

Ninth-placed Broadcom with a valuation of around $943 billion is also closing in on Tesla.

Behind Tesla's fall on Tuesday are new figures that showed that sales plunged by 45 percent in Europe in January, writes Bloomberg.

The development of AI
Source: Deepseek speeds up launch: “As soon as possible”

Chinese AI challenger Deepseek is speeding up the launch of its next AI model R2, Reuters reports. The plan was previously to launch the language model in early May, but now the plan is to launch “as soon as possible”. Sources told the news agency without going into further details.

The information comes at a time when the company’s competitors are trying to get a handle on what effects the launch of Deepseek’s first AI model could have.

– The launch of the R2 model could be a milestone for the AI ​​industry, says Zensar CEO Vijayasimha Alilughatta.

Deepseek has not yet commented on the information.
 

Trump’s first term
Strategist on the rally: Forget Maga – “Mega” is the new hot word

Donald Trump’s election victory was predicted to be a major setback for European stock markets. But since the election, the broad European index Euro Stoxx 50 has risen 12 percent, while the S&P 500 has lagged behind, according to the WSJ.

Part of the explanation is that investors are now spreading risk by moving from expensive American tech stocks to cheaper European companies, the newspaper writes.

At the same time, the European rally seems not just a short-term bounce, but the beginning of a more sustainable change. Mizuho strategist Jordan Rochester, who coined the term "Mega" (Make Europe Great Again), sees it as a potential comeback for European stocks.