Bitcoin Rebounds to $115K as BNB Hits New All-Time High

Bitcoin’s price recovery has proven remarkably resilient, with the cryptocurrency touching $116,000 earlier today before settling around $115,000 as of press time. This represents a stunning comeback from last week’s market meltdown, which saw BTC plummet to as low as $101,000 on some exchanges. The recovery began almost immediately after the crash, with Bitcoin climbing back to $110,000 on Sunday and continuing its upward trajectory to over $115,000 as tensions between the United States and China de-escalated.

The catalyst for last week’s dramatic sell-off was clear: US President Donald Trump’s threat to impose new tariffs on Chinese products triggered what became Bitcoin’s largest crash in terms of USD value. The event also marked the biggest liquidation event in cryptocurrency history, with BTC dropping from its Monday peak of over $126,000 to under $110,000 on most exchanges. Despite this historic volatility, Bitcoin’s market cap has slipped below $2.3 trillion on CoinGecko, while its dominance over alternative cryptocurrencies has been hit hard, declining to 57.1%.

While Bitcoin’s recovery has been impressive, most altcoins have significantly outperformed the original cryptocurrency over the past 24 hours. Binance Coin (BNB) has emerged as the standout performer, exploding to a new all-time high of $1,370 just days after the market-wide calamity. This remarkable achievement demonstrates the token’s resilience and growing market confidence despite recent volatility.

Ethereum (ETH) has posted a substantial 9% daily gain, now trading above $4,150, while XRP has tapped $2.6 following a similar surge. Dogecoin (DOGE) has climbed 11% daily, joining other double-digit gainers including Cardano (ADA), Chainlink (LINK), and Cronos (CRO). Even more impressive increases have come from COAI, TAO, and MNT, all of which have surged more than 20% daily, highlighting the breadth and strength of the altcoin recovery.

The total cryptocurrency market cap has successfully reclaimed the $4 trillion mark after plunging to $3.3 trillion during the darkest hours of Friday night’s market meltdown. This represents a recovery of approximately $700 billion in market value, underscoring the speed and strength of the market’s rebound. The rapid recovery suggests underlying institutional and retail confidence remains intact despite the geopolitical tensions that triggered the sell-off.

The market’s performance indicates that cryptocurrency investors are increasingly treating short-term volatility as buying opportunities rather than reasons for sustained panic. The fact that Binance Coin could reach new all-time highs so quickly after such a significant market downturn speaks to the maturing nature of the cryptocurrency ecosystem. As Bitcoin continues to eye the $116,000 resistance level and altcoins demonstrate their capacity for rapid recovery, the overall market structure appears fundamentally healthy despite last week’s temporary disruption.