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Cryptocurrency Market Heals Its Wounds: Bitcoin and Altcoins Show Signs of Recovery

source-logo  en.bitcoinsistemi.com 12 October 2025 15:50, UTC
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The cryptocurrency market, which experienced a sharp decline after Donald Trump announced on Friday that he would increase tariffs on China to 100%, showed a strong recovery today.

According to Binance data, Ethereum ($ETH) rose 4.57% in the last 24 hours, rising above $4,000 again. Binance Coin (BNB) rose 11.72% to $1,266. PancakeSwap (CAKE) is up 18.45% at $3.27, and Aster (ASTER) is up 15.37% at $1.50.

Bitcoin price has increased by 1.70% in the last hour and is trading above $113,000.

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Chart showing the partial recovery in BTC price.

In another indicator of market momentum, Solana (SOL) also rose by 7.04% to 190.14 USDT.

With Ethereum surpassing $4,000, the total size of short liquidations on major exchanges has reached $221 million. Conversely, if the price of $ETH falls below $3,900, long liquidations are expected to reach $185 million.

Additionally, according to on-chain data, a whale with the address 0xb9f…6d365 deposited 9.5 million USDC on the Hyperliquid exchange today, opening a long position with 25x leverage. The investor took a position worth 18,960.93 $ETH (approximately $70.76 million). The entry price was $3,717.76, and the liquidation level was $3,282.87. This position currently represents a profit of $5.75 million.

*This is not investment advice.

en.bitcoinsistemi.com