Bitcoin rebounds ~12% from weekend lows amid tariff reprieve

Crypto rally sees Bitcoin surge ~12% after weekend crash, ETH also recovers.

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Bitcoin rebounds ~12% from weekend lows amid tariff reprieve

Bitcoin rebounds ~12% from weekend lows amid tariff reprieve
Bitcoin recovered approximately 12% from weekend lows, trading near $114,834 as of Monday, October 13. The rebound followed a severe selloff triggered by U.S. tariff threats, which wiped out nearly $19 billion in crypto value. Ethereum also rallied, reclaiming the $4,100 zone. Analysts say the bounce reflects short-term oversold conditions and cautious optimism around de-escalating trade rhetoric, though volatility and macro headlines remain key risk drivers.
Tags:
  • Bitcoin
  • Ethereum