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Crypto Bounces Back From Record Wipeout on Easing Trade Fears
Most major cryptocurrencies rebounded from steep losses suffered over a brutal weekend selloff, as US President Donald Trump sought to quell concerns over its trading relationship with China. Bitcoin was trading above $115,000 on Monday morning in Singapore, after sliding below $105,000 on Friday in the US. Smaller tokens also regained some ground, with Ether back to about $4,200 after falling to less than $3,500. The gains coincided with Sunday statements from Trump and Vice President JD Vance signaling openness to a deal with China that eased trade tensions. A record $19 billion in crypto bets were erased and ... (full story)
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President Donald Trump’s administration signaled openness Sunday to a deal with China to quell fresh trade tensions while also warning that recent export controls announced by Beijing were a major barrier to talks. Most major cryptocurrencies rebounded from steep losses suffered over a brutal weekend selloff. The Opening Trade has everything you need to ...
From morningstar.com | Oct 13, 2025
Major cryptocurrencies rebounded on Monday, after the space saw a $19 billion wipeout last Friday - the largest liquidation in crypto's history. The selloff in crypto, like the selloff in U.S. stocks, was triggered by concerns about the potential ramp-up of global trade tensions, after President Donald Trump announced an additional 100% tariff against ...
China’s trade grew faster than expected last month, official data showed Monday, though fresh fears are rising of a major escalation in the tariff war between Beijing and Washington. The world’s second-largest economy has in recent years been mired in a persistent domestic spending slump just as pressure on its export-reliant manufacturing sector ...
