Umarwali

Crypto News: Bitcoin Reclaims $110K After Weekend Sell-Off; ADA and DOGE Lead Altcoin Rebound
SummaryBitcoin recovered to $110K after Trump postponed EU tariff decision.Cardano (ADA) and Dogecoin (DOGE) led gains in major altcoins.Over $500M in long liquidations occurred during the weekend sell-off.Market sentiment improved with options data showing renewed bullish positioning.Analysts highlight a medium-term uptrend supported by ETF inflows and institutional demand.Bitcoin Recovers as Market Sentiment Stabilizes on EU Tariff PostponementBitcoin (BTC) rebounded to just under $110,000 on Monday, recovering from a weekend dip triggered by U.S. President Donald Trump’s sudden tariff threats on European imports. The market stabilized after Trump delayed the 50% tariff decision until July 9, helping risk sentiment recover across both crypto and traditional markets.The shift was evident in U.S. and European equity futures, which opened over 1% higher, while the U.S. dollar weakened to multi-month lows. Demand for traditional safe-haven assets like gold and U.S. Treasuries also dipped slightly, signaling reduced investor anxiety.ADA and DOGE Lead Major Crypto GainsAmong major altcoins, Cardano (ADA) and Dogecoin (DOGE) outperformed, gaining up to 3% over the past 24 hours, leading the bounce in top-ten cryptocurrencies. The uptick reflects broader optimism across global risk assets following the easing of trade tensions.Over the weekend, Bitcoin had dropped sharply from above $111,000 to $108,600, resulting in over $500 million in long liquidations across the crypto derivatives market. Futures tied to Bitcoin, Ether, and Dogecoin recorded significant drawdowns.Market Outlook: Cautious Optimism ReturnsAnalysts say the quick recovery reinforces confidence in the crypto market’s resilience.“This past weekend’s dip showed how quickly crypto reacts to macro shocks,” said Jeff Mei, COO at BTSE. “But the tariff extension supports the view that the worst is over. Traders are cautiously accumulating again.”Sentiment in the options market also turned more positive. According to Singapore-based QCP Capital, a fresh wave of topside exposure buying was observed, with 1,000 contracts of the September $130K BTC call picked up, signaling bullish medium-term sentiment.QCP pointed to a “constructive setup”, citing:Continued spot Bitcoin ETF inflowsRegulatory progress in the U.S.Institutional interest, including a $2.1 billion BTC-focused raise by Strategy
BTC
+2.52%
DOGE
+3.46%
ADA
+4.08%