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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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