Bitcoin climbed back to $110,000 on Monday after a sharp weekend decline. The drop was triggered by U.S. President Donald Trump’s threat of new tariffs in the EU. However, markets calmed after Trump delayed the decision until July 9.
The quick rebound shows how sensitive crypto markets are to global policy shifts.
Bitcoin dropped from almost $111,000 to towards $108,600 during the span of the weekend. This led to lengthy liquidations of about $500 million of popular tokens, including Dogecoin, Ether, ADA, and Solana.
Many traders were caught off guard by the sudden price move, triggering widespread losses.
Bitcoin Prices Are Standing at the Top
Dogecoin and Cardano’s ADA both saw gains of about 3% during the past day. The aforementioned tokens propelled the cryptocurrency’s resurgence and signaled an increase in investor sentiment.
Bitcoin also bounced back above $110,000 after a weekend sell-off, reinforcing a positive trend.
The value of the dollar crashed to its lowest level in months, and sales of gold and US Treasury securities declined.
It indicates that investors are becoming more self-assured and willing to take chances.
As a result, capital is pouring into cryptocurrencies and stocks, driving up their values.
Market Confidence Returns After Tariff Delay
The trust of market participants is slowly returning. The decline over the previous weekend demonstrates how quickly cryptocurrencies respond to world events, according to Jeff Mei, COO of BTSE. However, he thinks firms are reassured by the postponed tariff settlement.
Bullish positions are becoming more and more popular, according to options data.
Singapore-based QCP Capital observed high interest for Bitcoin call possibilities, especially with a September hit of $130,000.
Analysts say sustained ETF inflows and easing regulatory fears are also fueling this momentum.
Institutional support remains robust. Strategy’s $2.1 billion fundraising effort for more Bitcoin supports its long-term optimistic dissertation.
