Bitcoin News Today: Crypto's Risk Asset Rebirth Fuels Bitcoin's $115K Rally as Trade Tensions Ease

Bitcoin and major cryptocurrencies rebounded to significant levels following a de-escalation in U.S.-China trade tensions, with Bitcoin surging back to $115,000 and altcoins like Ethereum (ETH), XRP, and Dogecoin (DOGE) experiencing notable gains. The recovery followed a weekend of market turmoil triggered by Donald Trump's initial threat of 100% tariffs on Chinese imports, which led to record liquidations and sharp price declines Bitcoin Crashes Below $110K, Cryptos in Freefall on Further Trump Tariff on China^[1].

The crisis began on October 10, 2025, when Trump announced additional tariffs and export controls on China, sparking a flash crash. Bitcoin plummeted from $122,000 to $103,800 within hours, with over $19 billion in leveraged positions liquidated across exchanges, marking the largest single-day liquidation event in crypto history Bitcoin Price Today: BTC Rebounds to $115K After $19B Crash^[4]. Ethereum, Solana (SOL), and altcoins like XRP and DOGE fell 14–30%, while smaller tokens such as ADA and LINK dropped up to 40% Bitcoin Crashes Below $110K, Cryptos in Freefall on Further Trump Tariff on China^[1]. CoinGlass data highlighted 1.6 million traders being liquidated in under 24 hours, with Bitcoin's 12% decline and Ethereum's 16% drop underscoring the severity of the selloff Major Liquidations Lead to Chop and Consolidation^[10].

By Sunday, however, Trump's softened rhetoric-stating "it will all be fine" and that the U.S. "wants to help China"-spurred a partial recovery. Bitcoin reclaimed $115,000 by October 13, 2025, while Ethereum rose 9% to $4,160, XRP climbed 9.8% to $2.59, and DOGE surged 11.4% to $0.2080 Bitcoin, XRP, Ethereum Price Move: Cryptos Regain Ground After U.S.-China Trade Tensions Ease^[5]. Analysts attributed the rebound to reduced geopolitical risk and institutional buying, with Marathon Digital Holdings purchasing $45.9 million in Bitcoin during the recovery Bitcoin, XRP, Ethereum Price Move: Cryptos Regain Ground After U.S.-China Trade Tensions Ease^[5].

The market's volatility highlighted deepening macroeconomic ties between crypto and traditional assets. Anita Ramesh of Aurora Markets noted that Bitcoin's correlation with the Nasdaq has reached multi-year highs, reflecting its transition from a "digital gold" narrative to a high-beta risk asset Bitcoin Price Today: BTC Rebounds to $115K After $19B Crash^[4]. Institutional adoption and ETF inflows have continued despite the turbulence, with spot Bitcoin ETFs recording $6 billion in monthly inflows Bitcoin, XRP, Ethereum Price Move: Cryptos Regain Ground After U.S.-China Trade Tensions Ease^[5].

Altcoins and meme tokens also rebounded, with Ethereum up 9.2%, Solana 8.6%, and Dogecoin 11.4%. However, politically sensitive assets like the MAGA Token plunged 22%, illustrating the sector's hypersensitivity to Trump-related headlines Bitcoin Price Today: BTC Rebounds to $115K After $19B Crash^[4].

Despite the recovery, analysts remain cautious. The $115,000 level is now a critical support zone for Bitcoin, with further declines to $108,000 possible if macroeconomic shocks resurface Bitcoin Price Today: BTC Rebounds to $115K After $19B Crash^[4]. Open interest in BTC and ETH derivatives increased by 8.12% and 13.1%, respectively, indicating speculative interest has returned Bitcoin, Ethereum, XRP, Dogecoin Rebound After Trump Says US Wants to Help China^[7].

The crisis also exposed flaws in exchange reporting. CoinGlass accused Binance of underreporting liquidations by 10–20 times due to API throttling, a practice also seen at OKX and Bybit Binance Under Fire as CoinGlass Flags 20x Liquidation Gap^[9]. Binance confirmed it is reviewing compensation plans for users affected by forced liquidations during the volatility Binance Under Fire as CoinGlass Flags 20x Liquidation Gap^[9].

As of October 13, 2025, the global crypto market cap stood at $3.9 trillion, up 6.3% in 24 hours. Traders and analysts await further clarity on U.S.-China trade talks and potential Fed policy shifts, with the next major Bitcoin support level eyed at $100,000 Major Liquidations Lead to Chop and Consolidation^[10].