
Bitcoin has rebounded to nearly $110,000 after a weekend slump caused by President Donald Trump’s shocking tariff threats on European goods. The threat has dragged BTC to $108,600 for a short time, causing a long liquidation across more than $500 million in major cryptocurrencies. But Trump’s decision to push for the tariff deadline on July 9th helped calm the nerves, send us and European index futures higher, and revive risk appetite.
Ada and Doge Lead Crypto Bounce
Cardano (ADA) and Dogecoin (Doge) have recovered Crypto Majors, each of which has risen by about 3% in the last 24 hours. The broader crypto market followed suits supported by global equity earnings and lower demand for gold and traditional safe havens like the US Treasury Department.
The weekend drop revealed how sensitive macro headline-sensitive codes are, but also highlighted the resilience of trader sentiment. BTSE COO Jeff Mei pointed out that Quick Rebound suggests that traders believe “the worst is over” and are beginning to accumulate again.
According to QCP Capital, the market is closely watching PCE data this Friday. This could form the next move for the Fed. While oil prices are falling, the spread of European port congestion has spread across Asia and the US, putting higher shipping costs and new inflation at stake. Crypto’s sentiment, on the other hand, shows strength, unlike cautious tech stocks.
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Optional Activity Signals Updated Optimism
According to Singapore-based QCP Capital, the options market is flashing signs of a bullish turn. The company has picked up 1,000 contracts for the $130,000 BTC call in September, indicating a growing appetite for topside exposure.
The QCP pointed out several factors behind this midterm meeting. He has improved consistent ETF influx, improved clarity in US regulations and highlighted new institutional demand. One standout is the recent $2.1 billion funding of a strategy aimed at accumulating more Bitcoin.
The crypto market remains vulnerable to global policy shocks, but Bitcoin’s sharp recovery suggests fundamental strength. With traders re-entry and institutions doubling, weekend wobble may just be the top setup for the next leg.
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FAQ
The global crypto market capitalization is $3.58T, showing a change of +0.09% over the last 24 hours. Bitcoin is nearly $110,000, over 2%.
Cardano (ADA) and Dogecoin (Doge) are leading crypto bounces, each increasing by around 3%, indicating the potential for further profits today.
The cipher remains unstable, but quick rebound suggests resilience. Many people see opportunities and dips for purchases, but individual risk tolerance is important.