Bitcoin News Today: Trump's Trade Tone Shift Fuels $4T Crypto Market Rebound

The cryptocurrency market rebounded to a $4 trillion valuation on October 6, 2025, with Ether (ETH), BNB, and Dogecoin (DOGE) leading gains after a sharp correction triggered by U.S. President Donald Trump's 100% tariff proposal on Chinese imports and rare earth mineral export restrictions. The three blue-chip assets surged 10.5%, 13.6%, and 12.5%, respectively, within 24 hours, outpacing broader market recovery Cointelegraph: ETH, BNB, DOGE Lead as Crypto Market Cap Rebounds to $4T^[1]. Solana (SOL), Cardano (ADA), and Chainlink (LINK) also rose over 10%, while smaller-cap tokens like Synthetix (SNX) and Mantle (MNT) saw double-digit spikes TradingView: ETH, BNB, DOGE Lead Crypto Market Recovery^[2].

The preceding crash on October 10–12 wiped out $19.33 billion in leveraged positions, with Bitcoin (BTC) plummeting from $122,000 to below $103,000 amid panic selling. Technical failures on platforms like Binance, including zero-price displays for altcoins and depegging of synthetic stablecoins, exacerbated the turmoil . The market stabilized as Trump shifted tone, stating the U.S. sought to "help China, not hurt it," and analysts noted a retesting of the golden cross technical pattern for BTC, historically linked to major rallies Cointelegraph: ETH, BNB, DOGE Lead as Crypto Market Cap Rebounds to $4T^[1].

Corporate activity underscored the recovery. BitMine Immersion Technologies, the largest corporate ETH treasury holder, acquired 23,823 ETH ($103.68 million) and 128,700 ETH ($480 million) during the dip, according to on-chain analytics. Executives like Tom Lee framed the pullback as a "good buying opportunity," while Michael Saylor's Strategy hinted at Bitcoin purchases . No other major crypto-holding companies confirmed trades over the weekend Cointelegraph: ETH, BNB, DOGE Lead as Crypto Market Cap Rebounds to $4T^[1].

Analysts remain divided on short-term prospects. While some, like Mister Crypto, highlighted a "strong setup" for a BTC breakout to $200,000 by 2025, others like "Mac" cautioned against immediate surges, anticipating "upward chop" in the coming week Cointelegraph: ETH, BNB, DOGE Lead as Crypto Market Cap Rebounds to $4T^[1]. Deribit's Jean-David Péquignot cited a "perfect storm" of ETF inflows, supply constraints, and geopolitical risks as tailwinds for BTC, though overbought conditions posed near-term risks Coindesk: Bitcoin Rally Fueled by ‘Perfect Macro Storm’^[3].

Bitcoin's price stood at $115,585 as of October 12, down 4.9% from the dip's start and 8.8% from its October 6 peak. The market remains sensitive to U.S.-China trade dynamics, with Trump's proposed tariffs set to take effect on November 1.