Crypto Chaos Subdued: Trump’s Sarcastic Tweets Spark Rally! 😂

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Ah, after last week’s jolly exhibition of a historic crash-precipitated by that dashing fellow President Trump slapping a 100% tariff on Chinese imports, leading to a whopping $19 billion in liquidations that had investors reaching for the smelling salts-the crypto market has perked up like a spaniel after a brisk walk. Bitcoin, the old boy, is leading the charge, up over 3% and sniffing around $115,000, while Ethereum and its merry band of tokens are rebounding 10% to 20%, as if they’d simply misplaced their trousers and found them again.

Now, what’s the lark behind this delightful about-face after that beastly selloff?

The Fizz Behind the Crypto Flicker

Here’s the nitty-gritty on today’s crypto market boomerang

Trump’s Surprisingly Mellow Musings Mend the Mood

A cracking reason for today’s trill is a dashingly calm missive from that whirlwind of a U.S. President, Donald Trump. On his Truth Social playground, he scribbled, “Don’t worry about China, it will all be fine!” which, after last week’s tariff tempest, suggested a softer stance toward the Orient, easing global jitters and sparking a bit of optimism among the chaps with portfolios. Traders promptly commenced “buying the dip,” convinced that the worst of this trade tiff might be tucked away like an embarrassing family secret. 🤔

Posh Purchasers Pile Back In

Not to mention, institutional demand is lending a sturdy spine to the rebound. Grayscale, bless its soul, has filed to launch a Bittensor (TAO) Trust, drawing bigwigs into AI-tied crypto treasures. Meanwhile, Morgan Stanley has opened Bitcoin’s doors to all its wealth-bespattered clients-a veritable stampede toward mainstream mingling. These maneuvers whisper that plump investments are still flooding in, shoring up the market like a well-tied cravat.

BlackRock’s ETF Folly Fuels the Fire

Spot Bitcoin ETFs keep waving the ecstatic flag. Amid the volatility kerfuffle, hefty institutional inflows march on, with BlackRock’s IBIT ETF soaring to the top 20 in U.S. ETF assets, surpassing $90 billion. Quite the feather in their cap, what? 😏

Altcoins Scamper Back with Gusto

Bitcoin’s not hogging the spotlight alone; altcoins are dashing to the fountain like puppies. Ethereum’s perked up nearly 9%, trading above $4,130, and XRP, Solana, BNB, and even Dogecoin have leaped 10% to 20%. Traders reckon last week’s plunge shoved prices into the bargain bin, and now they’re swarming back as technical toys like the RSI hum happily, hinting at a reversal more dramatic than Aunt Agatha spilling the tea. On-chain doodads reveal whales amassing a fortune and funding rates turning less sour, bolstering the notion of more upside escapades ahead. 🎉

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2025-10-13 09:09