Bitcoin’s impressive price recovery continued in the past 24 hours as the asset touched $116,000 earlier today before it retraced slightly to $115,000. Many altcoins have posted much bigger increases since yesterday, including ETH, which tapped $2,400, and BNB, which set a new all-time 0 Recovery Endures A lot can and has been said about the painful events that transpired at the end of the previous business 1 of it, BTC’s price had calmed at around $122,000 after peaking at over $126,000 on Monday. However, once US President Donald Trump threatened to impose a new set of tariffs on Chinese products, all hell broke loose. Bitcoin’s price led the charge with a massive price drop that drove it to under $110,000 on most exchanges and all the way down to $101,000 on a 2 became BTC’s biggest crash in terms of USD value and also the largest liquidation event in the history of the industry.
However, bitcoin started to recover almost immediately and jumped toward $110,000 on 3 kept climbing on Sunday to over $115,000 as the tension between the two great powers 4 jumped to $116,000 earlier on Monday but was stopped there and sits around $115,000 as of press 5 market cap has slipped below $2.3 trillion on CG, while its dominance over the alts has been hit hard and is down to 57.1%. BTCUSD.
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