Buy the Dip Success: Opportunistic Investors See 7-14% Gains After Trade War Jitters
Crypto markets kicked off the week with a rebound after a bruising weekend of liquidations, with opportunistic merchants who purchased the dip amid commerce struggle tensions reaping positive factors of between 7% and 14%.
According to market intelligence supplier Santiment, a number of altcoins, together with Ethena (ENA), Bittensor (TAO), and Sui (SUI), bounced sharply after final week’s $19 billion market wipeout linked to renewed U.S.–China tariff threats.
Altcoins Stage a Quick Comeback as Traders Pounce on Discounts
In an October 14 publish, Santiment revealed that following final week’s historic downturn, Monday introduced reduction throughout mid-cap altcoins, with ENA rallying 14%, TAO climbing 13%, and SUI including 7%.
The sharp drop got here in the wake of U.S. President Donald Trump threatening new tariffs towards China, which then triggered panic promoting and cascading liquidations throughout the market.
On some exchanges, Bitcoin dropped to as little as $101,000 from the $122,000 area, earlier than clawing its method again to round $116,000. However, at the time of this writing, it had slipped to $111,000 per CoinGecko, a greater than 10% distinction from its degree one week in the past, though it seems to have offered a enough flooring for the altcoins to recover.
Bittensor’s TAO, buying and selling at $443 at press time, has jumped greater than 25% over the final seven days and 43% in two weeks, a powerful bounce from its October 10 low of $282. Meanwhile, ENA at the moment sits at $0.43 after retracing barely from its intraday high of $0.47. Even so, it stays up by about 20% since Friday’s panic.
On its half, Sui, priced at $2.70, has struggled to carry its every day positive factors after dropping 4.6% in the earlier 24 hours, and throughout the month, the image is even bleaker, with the asset dipping almost 29% regardless of the vibrant begin to the week.
Market Sentiment Turns Cautiously Optimistic
Other belongings that rose efficiently from the weekend’s ashes embody the Trump-linked World Liberty Financial’s WLFI token, which gained 8% and Near Protocol’s NEAR, which shot up 7%.
Hyperliquid’s native HYPE token additionally jumped 7%, with the protocol hailed throughout Crypto Twitter for remaining absolutely operational throughout the liquidation chaos. It is down 5% in the final 24 hours to commerce at $38.27. Nonetheless, analysts imagine it might add to its momentum following the current activation of its HIP-3 improve. The replace permits permissionless deployment of perpetual futures markets on-chain, doubtlessly broadening on-chain derivatives buying and selling.
The altcoin rebound comes as buyers reassess market dangers after final week’s turbulence. Analysts like Satoshi Flipper, posting on X, described the correction as a “monster low cost” amid expectations that the Federal Reserve might introduce additional fee cuts to offset international market jitters.
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