Bitcoin Price Rebounds Amid Cooling U.S.-China Tensions
Bitcoin (BTC) climbed on Monday, extending its weekend recovery as investors turned back to risk assets amid easing concerns over a potential U.S.-China trade war.
The world’s largest cryptocurrency rose 2.4% to $110,890 by 09:21 ET (13:21 GMT), recovering from last week’s low of $103,000. The rally came as both political and economic developments encouraged renewed optimism across financial markets.
Market sentiment was also supported by bets that the Federal Reserve could cut interest rates later this month, further driving inflows into digital assets and other risk-driven sectors.
Bitcoin Rises as Trump Softens Rhetoric on China
BTC’s rebound gained momentum after U.S. President Donald Trump signaled a softer stance toward China, calling a prolonged trade war “not sustainable.” He also confirmed plans to speak with Chinese President Xi Jinping within two weeks — a move interpreted as a de-escalation signal.
Meanwhile, U.S. Treasury Secretary Scott Bessent announced that high-level trade discussions with China would resume this week, reinforcing investor optimism that the 100% tariff threat may not materialize.
This improved tone sparked a broader rally across global risk assets, spilling into the crypto market and pushing Bitcoin higher.
Strategy Expands Bitcoin Holdings to 640,000 BTC
Strategy, formerly known as MicroStrategy, continues to strengthen its Bitcoin portfolio. The company purchased 168 BTC between Oct. 13 and Oct. 19, investing roughly $18.8 million at an average price of $112,051 per coin, according to a U.S. SEC filing.
With this latest acquisition, Strategy now holds 640,418 BTC, valued at around $71.1 billion based on current prices.
Executive Chairman Michael Saylor revealed that the firm’s average purchase cost stands at $74,010, totaling $47.4 billion in Bitcoin investments. This represents over 3% of Bitcoin’s fixed 21 million supply and positions the company with nearly $23.7 billion in unrealized gains.
UK Opens Crypto ETPs to Retail Investors After FCA Lifts Ban
In a major regulatory shift, the UK Financial Conduct Authority (FCA) has lifted its four-year ban on crypto exchange-traded notes (ETNs), allowing retail investors access to Bitcoin and Ethereum ETPs for the first time.
Following the announcement:
- 21Shares, Bitwise, and WisdomTree launched physically backed Bitcoin and Ethereum ETPs on the London Stock Exchange (LSE).
- 21Shares introduced four new ETPs with staking features and a reduced 0.1% fee.
- WisdomTree rolled out its Bitcoin and Ethereum products with fees of 0.15% and 0.35%, mirroring its institutional offerings.
- Bitwise will debut on Tuesday, temporarily slashing its Core Bitcoin ETP fee to 0.05% for six months.
- BlackRock also added its iShares Bitcoin ETP to the London market.
This regulatory milestone marks a significant expansion of crypto access for UK retail investors, signaling growing institutional acceptance.
Altcoins Rebound as Ether Crosses $4,000
Following Bitcoin’s rally, altcoins also recovered strongly on Monday:
- Ether (ETH) surged 3% to $4,034, reclaiming the crucial $4,000 level.
- XRP climbed 3.3% to $2.45, while BNB gained 1.4% to $1,110.
- Solana (SOL) and Cardano (ADA) added 1.8% and 3.4%, respectively.
- Among meme tokens, Dogecoin (DOGE) rose 3.2%, and $TRUMP gained 2.3%.
Despite this bounce, Bitcoin and Ether remain down about 2% for October, bucking the historical “Uptober” trend where cryptocurrencies typically outperform during the month.
Market Outlook: Rate Cuts and Institutional Growth Could Fuel Next Rally
The combination of cooling geopolitical tensions, expected Fed policy easing, and institutional expansion in crypto products paints a cautiously optimistic outlook for Bitcoin and the broader market.
As institutional participation deepens and retail access expands, the stage appears set for continued growth in crypto adoption — with Bitcoin leading the charge.
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