Crypto Market Update: Crypto Market Rebounds After US$20B Liquidation Shock

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$114,548, up by 24 percent in 24 hours. The cryptocurrency’s lowest valuation of the day was US$119,967, and its highest was US$115,792.

Bitcoin price performance, October 13, 2025.

Chart via TradingView

Bitcoin and major cryptocurrencies rebounded at the start of the week, regaining some ground after Friday’s sharp sell-off triggered by President Donald Trump’s renewed tariff threats against China. The correction, which wiped out billions in leveraged positions, marked one of the largest single-day liquidations in crypto trading history.

Bitcoin climbed 2.2 percent in the past 24 hours to trade above US$114,200 on Monday, after plunging below US$109,000 late Friday and coming off a record high near US$126,200 earlier in the week.

The weekend rebound followed Trump’s more conciliatory Truth Social post on Sunday, where he wrote, “Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!”

Data from CoinGlass revealed that over 1.6 million traders were liquidated on Friday, amounting to more than US$19 billion in forced sales across the crypto market. Other reports placed the figure at roughly US$20 billion, the largest single-day liquidation event in crypto history, as leveraged long positions on Bitcoin and Ethereum were rapidly unwound. The event also saw major altcoins like XRP, Dogecoin, and Cardano slump by as much as 30 percent, deepening what traders described as a “cascade of leveraged liquidations.”

According to Bitcoin researcher Axel Adler Jr., Friday’s shock “changed the regime to moderately bearish,” though market structure indicators suggest the downturn has yet to reach capitulation levels. Adler noted that the Bitcoin Bull-Bear Structure Index dropped by 8 percent, and a further decline to -15 percent would “signal continued bearish pressure and the risk of retesting local lows.”

Bitcoin dominance in the crypto market now stands at 56.01 percent.

Ether (ETH) was trading at US$4,105.84. Its lowest valuation on Monday was US$3,802.06 and its highest was US$4,196.98.

Ethereum recovered almost 7, pushing back above the US$4,000 threshold after sinking to around US$3,620. Ethereum mirrored Bitcoin’s volatility through the week, briefly dropping 11 percent to around US$3,878 before reclaiming the US$4,100 level.

Altcoin price update

• Solana (SOL) was priced at US$199.11, an increase of 5.8 percent over the last 24 hours and its highest valuation of the day. Its lowest valuation on Monday was US$179.00.

• XRP was trading for US$2.57, up by 6.8 percent over the last 24 hours. Its lowest valuation of the day was US$2.37, and its highest was US$2.64.

ETF data and derivatives trends

The Fear & Greed Index currently reads 40, climbing back to neutral territory after crashing to ‘fear’ during last week’s massive selloff.

Last week, the cumulative net flow for spot Bitcoin ETFs was predominantly positive despite the sudden crash on the tail end. According to data from the week of October 6 to October 12, spot Bitcoin ETFs had inflows on four days, with October 10 recording the outlier at US$4.50 million outflows. The inflows were led by BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) and the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC).

Cumulative total inflows for spot Bitcoin ETFs stood at US$62.77 billion as of October 10.

Today’s crypto news to know

Crypto funds log US$3.17B inflows despite tariff-driven turmoil

Digital asset investment products saw US$3.17 billion in inflows last week, shrugging off the volatility sparked by renewed US–China tariff tensions.

According to CoinShares, Bitcoin accounted for $2.67 billion of that total, underscoring its dominance in institutional portfolios as exchange-traded product (ETP) volumes hit a record US$53 billion.

US spot Bitcoin ETFs alone attracted US$2.71 billion, even as major cryptocurrencies corrected midweek. Friday’s minor US$159 million outflow suggested investors were largely unfazed by short-term market shocks.

Furthermore, year-to-date inflows have reached a record US$48.7 billion, already surpassing 2024’s full-year total, which analysts say is indicative of a resilient capital rotation into crypto.

Bitcoin, Ethereum Bounce After $20B Liquidation Shock

The crypto market rebounded sharply over the weekend after enduring one of the largest liquidation events in its history.

On Friday, Bitcoin plunged from US$121,000 to as low as US$109,000, while Ethereum tumbled to $3,686 in a widespread sell-off that erased weeks of gains.

CoinGlass data showed nearly $20 billion in liquidations across crypto derivatives, with US$16.7 billion from long positions alone, marking the biggest one-day wipeout on record.

The extreme volatility mirrored broader market weakness as major US stock indexes also posting their steepest declines since April.

Analysts attributed the cascade to overleveraged traders and algorithmic liquidations triggered by Trump’s tariff announcement.

House of Doge lists on Nasdaq

In a bid to bring Dogecoin deeper into traditional finance, House of Doge—the corporate arm of the Dogecoin Foundation—made its public debut on Nasdaq through a reverse merger with Brag House Holdings.

CEO Marco Margiotta said the listing will help fund new payment and yield infrastructure for Dogecoin, including a pending spot ETF with 21Shares and a treasury product already trading on the NYSE.

The company’s backers include Elon Musk’s attorney Alex Spiro, former Texas Governor Rick Perry, and members of the Steinbrenner family.

Margiotta said being public will accelerate Dogecoin’s integration into retail payments and cultural sectors like sports, where the firm plans to launch tokenized fan initiatives.

Dogecoin rose more than 10 percent following the announcement.