Crypto Markets Rebound, Bitcoin and Ethereum Surge at the Start of the Week
The global crypto market recorded a strong recovery at the start of this week after experiencing sharp pressure last week. The total crypto valuation index surged more than 6% and re-surfaced above the USD 4 trillion mark, driven by a significant rebound in Bitcoin and Ethereum. Bitcoin briefly weakened below USD 105,000 at the end of last week, but is now trading around USD 115,000 on Monday. Meanwhile, Ethereum recovered from levels below USD 3,500 and has rallied back to around USD 4,100.
Market sentiment gained momentum from the easing of tensions between the US and China after President Trump shifted his rhetoric and opened the door to negotiations. This move calmed the market and increased optimism towards riskier assets like crypto. Furthermore, the strengthening liquidity was supported by a massive leverage reset in the crypto derivatives market—funding rates fell to their lowest point since 2022, indicating a clearing of speculative positions.
Nevertheless, caution remains key. High volatility and the threat of geopolitical news can still shake the market. Traders and investors are now closely monitoring developments in US-China policy, interest rate movements, and global economic reports, which could trigger a new wave of selling or sudden buying.
Source: Newsmaker.id