The cryptocurrency market has rebounded after a sharp sell-off, with the price of Ether returning to $4,100. Here are the details:
Background to the rebound:This follows President Donald Trump’s October 11th announcement of tough new tariffs on China, which triggered a sharp drop in the cryptocurrency market and the liquidation of $19 billion in cryptocurrency bets.
However, on October 12, Trump and Vice President J.D. Vance made comments indicating that they were open to a deal with China, easing market concerns about trade tensions, which provided macro-level support for the cryptocurrency market’s rebound.
Ether back to $4,100:According to CoinGecko, Ether has rebounded from below $3,500 to around $4,100. In addition to macro factors, Ether’s rebound has been driven by its own technological upgrades and ecological development.
generally speaking,The rebound of the cryptocurrency market is the result of a combination of factors. The price increase of Ether and BNB reflects that the market’s confidence in cryptocurrencies has been restored, but the market is still uncertain, so investors chose XiuShan Mining, which is relatively safe and stable, as a leveling off of their investments.
In addition, XiuShan Mining users were not only unaffected by the market during this market volatility.
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Summarize
Tariff policies may also affect the development of the global economy, which in turn affects the market demand and price of cryptocurrencies, so join XiuShan Mining immediately to seek stable returns.
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Quellen: PublicDomain am 16.10.2025
