As traditional markets reel from renewed geopolitical tensions, Bitcoin (BTC) is showing signs of resilience, holding firmly above the $105,000 mark. The crypto sector is bucking the trend of nervous global equities, which are under pressure amid an escalating US-China tariff standoff that has triggered risk-off sentiment across the board.
Bitcoin Rebounds Amid Market Jitters
After briefly slipping below $104,000 earlier this week, Bitcoin staged a modest rebound, trading at $105,425 at the time of writing. BTC even flirted with $106,000 in the last 24 hours, reflecting a rebound trajectory that analysts describe as a “retest phase” before potentially targeting new highs. Despite being 8% below its all-time high of $112,000, Bitcoin continues to demonstrate strength and stability in the face of mounting macroeconomic headwinds.
Altcoins Join the Uptrend
Bitcoin’s modest rise has sparked positive momentum across the broader crypto market. Ethereum (ETH) and Solana (SOL) led the charge with gains of around 5%, now trading at $2,605 and $160, respectively. Cardano (ADA) and Ripple (XRP) also posted healthy increases, each advancing by nearly 3%.
Even the meme sector saw bullish action, with tokens like Dogwifhat (WIF) and Popcat (POPCAT) recording impressive 16% surges over the past 24 hours. Legacy meme favorites like Dogecoin (DOGE), Bonk (BONK), and Pepe (PEPE) also joined the rally with gains of up to 5%, reflecting growing retail enthusiasm despite macro uncertainty.
Market Sentiment Builds Despite Global Headwinds
Investors across traditional asset classes are closely watching developments in the US-China trade narrative, fearing increased tariffs and retaliatory moves. Global equities have already begun to slide in anticipation of higher volatility. However, the crypto market often viewed as both a risk asset and a hedge—is charting its own path.
Market analysts point to Bitcoin’s ability to hold above key psychological support levels as a sign of underlying bullish momentum. The combination of technical strength, improving sentiment, and growing interest in altcoins has traders cautiously optimistic about a possible broader bull phase in the near future.
While global markets face renewed turbulence, Bitcoin is asserting itself as a pillar of relative stability. With altcoins gaining traction and memecoins heating up, the crypto sector could be entering a renewed phase of price discovery. Investors will be watching closely to see if BTC can maintain support and lead the next market-wide surge.
