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Following last week’s historic crash, sparked by President Trump’s unexpected 100% tariffs on Chinese imports that resulted in nearly $19 billion in liquidations, the crypto market is bouncing back sharply today. Bitcoin is leading the recovery, rising over 3% to approach $115,000, while Ethereum and other major tokens are also seeing 10% to 20% recovery.
So, what’s behind this positive shift after such a brutal selloff?
Reason Behind Crypto Market Jump
Here’s the key reason behind today’s crypto market rebound
Trump’s Calming Words Lift Market Sentiment
A big reason behind today’s surge is a surprisingly calm message from U.S. President Donald Trump. In a Truth Social post, he wrote, “Don’t worry about China, it will all be fine!”, signaling a softer tone toward China after last week’s tariff shock. This change in tone helped ease global fears and brought fresh optimism to investors.
Traders quickly started “buying the dip,” believing that the worst of the trade war tension may now be behind us.
Institutional Buyers Step Back In
Institutional demand is also adding strength to the rebound. Recently, Grayscale has filed to launch a Bittensor (TAO) Trust, aiming to attract large investors into AI-linked crypto assets.
Meanwhile, Morgan Stanley expanded Bitcoin access for all its wealth clients, a big step toward mainstream adoption. These moves indicate that significant capital is still being invested in crypto, providing the market with strong support.
BlackRock Leads Bitcoin ETF Inflows
Spot Bitcoin ETFs remain a strong bullish force. Despite recent volatility, large institutional inflows have continued, with BlackRock’s IBIT ETF now ranked in the top 20 for U.S. ETF assets under management, breaking the $90 billion mark.
Altcoins Bounce Back Fast
Bitcoin isn’t the only one that is seeing the recovery; altcoins are leading the recovery, too. Ethereum is up nearly 9%, trading above $4,130, while XRP, Solana, BNB, and Dogecoin have jumped between 10% and 20%.
Many traders believe last week’s crash pushed prices too low, and now they’re rushing back in as technical indicators such as the RSI have begun trending higher, suggesting a market reversal.
On-chain data shows a pick-up in whale accumulation and a reduction in negative funding rates, further supporting the bullish case for continued upside in the days ahead.
Source: https://coinpedia.org/news/why-the-crypto-market-is-up-today/