Read this article to find out whether the crypto market is poised for a rebound after its recent crash over the weekend. Let’s explore the recent trends on Oct. 13.
Bitcoin (BTC) rebounded above the $115,000 resistance level on Oct. 13 after dropping nearly 15% over the weekend.
The sharp decline saw Bitcoin tumble from around $121,560 on Oct. 10 to below $103,000 on Oct. 12. The sell-off followed US President Donald Trump’s announcement of a 100% tariff on Chinese imports, which will potentially take effect in early November.
