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Bitcoin retests the golden cross, a bullish signal historically linked to major price rallies.
Altcoins like Ethereum, Solana, and XRP show strong gains, reflecting renewed market confidence.
Easing US-China trade tensions is fueling optimism across global and crypto markets.
Crypto prices today showed resilience, with major tokens gaining. Bitcoin held steady above $114,000 and Ethereum, Solana, and XRP saw strong gains. The easing US-China trade tensions fueled a broader market recovery and strengthened investor confidence in major coins. Let’s see how different crypto prices today behaved in detail based on CoinMarketCap data.
Bitcoin price today traded at $114,623.13 up by 2.48% in the last 24 hours. It has a market capitalization of $2.28 trillion with a circulating supply of 19.93 million BTC. The trading volume has hit $91.4 billion in the last 24 hours as markets show continued strength in investor participation.
Mr Sathvik Vishwanath, Co-founder and CEO of Unocoin, commented, “Bitcoin briefly plunged nearly 9% following Donald Trump’s aggressive tariff threats against China, triggering a broad risk-off move. The drop saw BTC fall below key support at $108,000, touching $104,700, where it met the 50-day moving average, acting as dynamic support. RSI dipped into oversold territory, prompting a swift rebound. Within hours, BTC reclaimed $110,000 as Trump softened his tone and reaffirmed crypto-friendly policies, including a proposed ‘Crypto Strategic Reserve’.”
The Co-founder and CEO of Unocoin further explained, “The quick recovery was fueled by institutional dip-buying and short liquidations. Technically, Bitcoin remains in a bullish structure, consolidating below $123,000 resistance, with momentum favoring upside if macro conditions stabilize.”
Ethereum price jumped 8.44% to settle at $4,131.31. The second-largest cryptocurrency in terms of market capitalization now has a valuation of $498.6 billion, supported by 120.7 million ETH in circulation. The 24-hour trading volume is $59.8 billion, suggesting high market demand.
Among other top altcoins, Solana price has risen 8.29% to $195.64, with its market capitalization rising to $106.9 billion. The performance blockchain platform is experiencing $11.6 billion in trading volume within its 546.56 million SOL circulating supply on a daily basis.
XRP price was up by 8.56% to $2.57. With a market capitalization of $154.1 billion and a circulating supply of 59.91 billion XRP, the asset remains the fifth-largest cryptocurrency. XRP daily trading volume was $9.7 billion.
BNB is one of today's biggest gainers, climbing 13.54% to $1,286.7 with a market capitalization of $179 billion. Dogecoin rose 10.56% at $0.2086. The meme coin's 24-hour volume is $5.15 billion over a circulating supply of 151.32 billion DOGE.
Cardano has risen 8.98% to exchange hands at $0.7030, taking its market capitalization to $25.1 billion. The proof-of-stake blockchain network is witnessing $1.65 billion in day trading.
TRON is trading at $0.3235, higher by 2.66%, and has a market cap of $30.6 billion while circulating supply is 94.66 billion TRX. Daily trading volume for TRON is $1.11 billion.
Stablecoins USD Coin (USDC) and Tether (USDT) held their pegs at $1 and $0.9999, respectively. Thus, offering the much-needed liquidity investors are looking for.
Also Read: Crypto Prices Today: Bitcoin Price Steady at $121,000, Dogecoin Gains 0.29%, Ethereum Drops 2.43%
Crypto prices today are taking advantage of a better geopolitical tone following both the United States and Chinese officials' indications that they are ready to dial down trade tensions. The upbeat news follows a rollercoaster ride ignited by China's controls on exporting rare earth materials and President Donald Trump's promise of an extra 100% tariff on China.
China's Commerce Ministry signaled willingness to negotiate the rare earth export control plan and other trade issues recently. That conciliatory tone was echoed by President Trump, who wrote on Truth Social: "Don't worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn't want depression for his country, and neither do I."
Market experts opine that these de-escalation cues may give further impetus to financial markets, perhaps turning around the price falls that shook crypto markets at the weekend.
While crypto prices now are depicting a recovery, Friday's market drop led to retail traders blaming Trump's tariff announcement as the only force driving the drop. However, market intelligence company Santiment contends that this is ‘typical rationalization behavior’ from retail participants looking for an event to attribute market movements.
‘This is standard 'rationalization' by retailers, who must refer to one event as the cause of a catastrophic crypto downturn,’ Santiment said in a report. The company saw an increase in social media posts connecting the decline of the crypto market to US-China tariff tensions, implying that traders in aggregate agreed on this narrative.
Analysts argue that market forces are often more intricate than any one geopolitical occurrence, with various factors such as technical levels, liquidity circumstances, and overall macroeconomic mood all contributing to price movements.
Also Read: When the Last Bitcoin Drops: What’s Next for Crypto?
As Bitcoin tests the golden cross pattern and key altcoins demonstrate aligned strength, technical conditions look well placed for further upside. The softening of US-China trade tensions offers a bullish macro environment, though investors should be careful to note that crypto markets react to numerous drivers beyond news events. The upcoming weeks will show if Bitcoin trades above the historical high or it plunges downward again.
1. What did the golden cross of Bitcoin signal for investors?
A golden cross occurred when the 50-day moving average moved above the 200-day average, reflecting long-term bullish momentum. Investors viewed it as a sign of strengthening market sentiment and potential sustained price appreciation, especially when supported by strong trading volume and favorable macroeconomic conditions.
2. Why did crypto prices go up that day?
Crypto prices surged following the relaxation of US-China trade tensions, which boosted global investor sentiment. Technical signals such as Bitcoin’s golden cross, high trading volumes, and growing institutional demand also fueled optimism, prompting traders to re-enter the market after a period of volatility.
3. Was it a good time to buy Ethereum or Bitcoin?
While technical charts showed bullish potential, investors were advised to act cautiously. Many considered dollar-cost averaging instead of lump-sum investing, closely tracked global economic developments, and monitored key resistance levels. Assessing risk tolerance and maintaining diversification remained essential before making large investments in such a volatile market.
4. How did US-China trade tensions impact crypto markets?
International trade tensions directly impacted investor sentiment and liquidity across all asset classes. As tensions eased, investors began allocating more capital to risk assets like cryptocurrencies. However, during periods of heightened tensions, many traders shifted temporarily to safe-haven assets such as gold or stablecoins, leading to short-term selloffs in crypto.
5. Which were the biggest gainers among altcoins?
Ethereum, BNB, Solana, and XRP dominated the altcoin rally. Each recorded strong 24-hour gains supported by high trading volumes and positive investor sentiment. Solana stood out for its expanding ecosystem and increasing developer participation, which strengthened its medium-term growth prospects.
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