Bitcoin recovered to 110,000 USD after the weekend sell-off, ADA and DOGE led the increase.

The price of Bitcoin has risen back to nearly 110,000 USD on Monday after President Donald Trump postponed the decision to impose tariffs on the EU, improving market sentiment and triggering a rebound in options contracts.

• Bitcoin has plummeted from over 111,000 USD to 108,600 USD over the weekend due to concerns from Trump's threat to impose a 50% tariff on European goods, including foreign-produced iPhones.
• However, President Trump extending the deadline for tariffs to July 9 has temporarily eased trade tensions, boosting U.S. and European stock futures by more than 1%.

• Global risky assets are recovering, with Cardano (ADA) and Dogecoin (DOGE) rising by up to 3%, leading the top 10 coins by market capitalization.
• Meanwhile, the derivatives market recorded over 500 million USD in long positions liquidated across the cryptocurrency market, including Bitcoin, Ethereum, Solana, and Cardano.
• Traders are starting to "cautiously accumulate" again, according to Mr. Jeff Mei from BTSE.
• The inflow of funds into Bitcoin options contracts surged, with 1,000 call contracts at 130K BTC expiring in September purchased on Saturday, according to QCP Capital.
• QCP assesses that the medium-term outlook is positive due to factors such as the continued ETF capital flow, legal advancements in the US, and strong institutional demand. The strategy to raise 2.1 billion USD to purchase more Bitcoin is also a supportive signal.