WORLD (Enmaeya News) - October 13, 2025

Cryptocurrency markets rebounded sharply over the weekend following U.S. President Donald Trump's comments that helped calm fears over escalating trade tensions with China, according to The Economic Times.

Bitcoin approached $115,000, after sliding below $105,000 on Friday in the US., while Ethereum reclaimed $4,100, after falling to less than $3,500, both recovering more than 20%.

The sell-off began on Friday after Trump announced a 100% tariff on Chinese imports, raising concerns in global markets.

However, his remarks on Truth Social, calling President Xi Jinping a "highly respected" leader and stating that the U.S. wants to help China, not hurt it, were interpreted as a de-escalation of tensions.

These reassurances led to a recovery in crypto markets. Analysts suggest that Trump's comments were timed to allow crypto markets to absorb the initial shock before traditional markets opened.

Despite the rebound, some market participants remain cautious, suggesting that many view the tariff threat as a negotiating tactic rather than a certainty.

As markets stabilize, investors are advised to stay informed about ongoing developments in U.S.-China trade relations, as further political statements could impact market trends.