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Crypto Market Rebounds After Major Weekend Sell-off Following US-China Trade News
Gate News bot message,
The cryptocurrency market demonstrates a recovery phase following a substantial weekend sell-off that resulted in $19 billion in total liquidations. The market movement occurred after the United States announced a 100% customs tariff on Chinese imports.
Bitcoin (BTC) is trading at $115,145, recording a 2.9% increase, while Ethereum (ETH) reaches $4,164 with an 8.6% gain. The Fear and Greed Index stands at 38, indicating Fear sentiment. The total cryptocurrency market capitalization is at $4.15 trillion, with recent liquidations amounting to $610 million.