Bitcoin and Ether entrepreneurs remain a wait-and-watch mode after last week’s tariff shock wiped nearly $ 20 billion in leveraged positions over the weekend, the confidence of denting and sentiment at risk among a majority market participants.
The mood of the market has since moved from panic to fragile optimism as both Washington and Beijing toned down their rhetoric, which offers a brief pause of what a trade war war looks like.
Bitcoin Rose 1.3% in the past 24 hours up to $ 113,000, while Ether Exchanged near $ 4,100 after a short crossing of $ 4,200 overnight. Solana Added 2.9% to $ 201.8, XRP gained 2%, and climb 2.3% to $ 0.20. Market capitalization stands at $ 3.9 trillion-as well about 6% below pre-crash levels, but up to 4.4% from Sunday lows, data is displayed.
The mood improves, if not equal. The Crypto fear and greed index Bouncing to 38 from the intense Reading of the week of 24, the entrepreneurs’ signing is back. Alex Kuptsikvich of FXPRO called the fall of Friday “an emotional flush” forcing vulnerable positions in exchanges:
“The seller-off began as a reaction to tariff titles, but it increased with a wave of forced avoidance. Such moves often marked the short-term bottom of the market-even if healing takes time,” he said in an email to CoinDesk.
The Friday crash, taken to Bitcoin below the 50- and 200-day moving averages, has historical echoes. Similar washing in 2020, 2021, and 2024 will reset the action and coat the way for recovery weeks to follow. But in 2022, it took several months to return confidence – a timeline that bargain hunters were carefully weighing.
On the weekend, China’s Ministry of Commerce clarified that rare-earth Export curbs do not reduce blanketSaying applications are still licensed. Trump wrote the softer tone, posting that “USA wants to help China, not hurt it.”
Polymarket betting markets today Price only a 15% possibility of 100% tariffs on November 1, strongly from 26% by the end of Friday.
The shift eased pressure throughout the risk assets. US equities have been part of Friday’s disappearance, and Crypto has followed a familiar pattern in recent months where digital assets monitored MacRO’s sentiment instead of rotting from it.
Meanwhile, tThey are Kobeissi Letter Crashing is described as “a technical event, not a structure,” driven by cascading margin calls rather than a major change in positioning.
Analyst Frank Fetter added that crypto markets “remain far from over -thinking,” leaving the room for a potential relief rally if the volatility stays.
