
Bitcoin has recovered sharply to $115,400, up 3.36% in the past 24 hours, following a weekend crash that shook global crypto markets. The coin’s market cap climbed to $2.3 trillion, while trading volume surged 175.3% to $93.78 billion, reflecting strong inflows after record liquidations. The rebound came after conciliatory remarks from Donald Trump and JD Vance, who signaled openness to a trade compromise with Beijing, easing investor anxiety. The key question now remains: Can Bitcoin sustain this rebound amid renewed trade tensions and fading liquidity?
Bitcoin had earlier set a record high of $125,899 on October 7, marking the culmination of a rally driven by ETF inflows and institutional demand. By Friday, however, prices collapsed below $110,000, with some exchanges showing lows near $101,500. Data from CoinGlass confirmed that over 1.6 million traders were liquidated in a single day. It led to a total loss of $19.31 billion.
Long positions accounted for $16.8 billion of those losses, while Bitcoin was responsible for $5.36 billion in liquidations. Ethereum and Solana followed with $4.42 billion and $2 billion, respectively. Hyperliquid reported platform liquidations exceeding $10 billion, including one $203 million ETHUSDT position, the largest single order during the crash.
Bybit recorded $4.5 billion in liquidations, while Binance listed $2.5 billion, although actual figures may be higher, as some platforms report one liquidation per second. Market-wide estimates suggest $30–40 billion in total forced sales, rivaling the May 2021 crash when excessive leverage caused similar cascading liquidations.
After Friday’s collapse, market stabilization started over the weekend. Trump’s softer tone toward China helped calm sentiment. He referred to President Xi Jinping as “highly respected” and it worked somehow. Trump tried to assure that the US aimed to “help, not hurt” Beijing, and it signalled possible de-escalation in tariff tensions.
The Crypto Fear and Greed Index had dropped to 27 (fear) out of 64 (greed) in just a day. This clearly indicated the level of panic among investors. More than 1.6 million traders have been forced to close down, which is considered one of the most significant liquidation events in cryptocurrency history. Nevertheless, the fact that Bitcoin recovered to the $115,000 mark within 48 hours demonstrates a high level of underlying demand, even in the face of macroeconomic uncertainty.
Eventually, speculative excess was reduced via the low level of funding rates not seen since 2022. This purge allowed spot buyers to return at reduced prices, which helped restore the short-term market balance.
Bitcoin was trading near $115,000, Ethereum was around $4,100, and Solana was close to $195 as Asian markets opened on Monday. Analysts noted that by the end of Sunday, forced selling had largely stopped.
The crypto market’s total capitalization dropped $300 billion during the crash but began recovering quickly as liquidity returned. Traders treated the event as a temporary deleveraging phase rather than a long-term trend reversal.
With 19.93 million BTC in circulation and a fixed supply of 21 million, scarcity remains a major bullish factor. The weekend’s stabilization suggests that despite volatility, crypto markets retain structural resilience—even under extreme macroeconomic and political pressure.
Bitcoin’s swift rebound to 115,000 after a record $1 billion market crash shows strong underlying demand and resilient investor confidence. The market’s quick recovery from extreme liquidations highlights renewed stability as traders re-enter positions. With 19.93 million BTC already circulating and a limited supply ahead