Relief rally arrives 🙏

Bitcoin and other crypto prices are back in the green after Friday's crash, though much of the damage remains intact.

Author

Andrew Hayward
October 13, 2025

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đź“ť What you need to know

Friday was a spectacularly rough day for crypto, with prices plunging after President Trump’s latest China tariff threats—and liquidations setting a new daily record above $19 billion. Saturday wasn’t much better, but by the time Sunday rolled around, most of the top assets were back in the green as Trump eased up on the trade war rhetoric.

While many leading assets remain deeply in the red over the last week, they’re creeping up: Bitcoin was recently trading around $115,000 (up from a dive below $110K), while Ethereum is back up around $4,200 after dipping below $3,700. “What we’re seeing is a textbook relief rally,” Merkle Tree Capital CEO Dean Serroni told Decrypt.

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đź’¬ Quote of the Day

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“Volatility creates deleveraging and this can cause assets to trade at substantial discounts to fundamentals, or as we say, 'substantial discount to the future,' and this creates advantages for investors at the expense of traders.”

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đź“š Watch and Learn

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