Bitcoin has staged a recovery after a sharp weekend correction, climbing above $114,000 and briefly testing $115,000 resistance. The rebound follows a geopolitical-triggered slump to under $112,000 on Saturday – Bitcoin's lowest in over two weeks – after former President Trump's tariff announcements and Russian military movements rattled markets.
Most altcoins suffered steeper losses than BTC during the correction but are now rebounding. Stellar (XLM) surged 9.5% to $0.41, while Ethena (ENA) and Hashflow (HASH) posted double-digit gains. Ripple's XRP broke below critical $3 support, plunging to $2.72, but has since recovered to retest the $3 level. Ethereum rose 3% to $3,550 after dipping to $3,400.
Market-wide recovery added $60 billion to crypto capitalization, now at $3.8 trillion. Bitcoin dominance remains at 60%, though analysts warn of continued volatility due to macroeconomic uncertainty.