Bitcoin Nears $110K as Dogecoin and Cardano Lead Crypto Rally Amid Eased Trade Tensions

Published at 2025-10-13 07:08:01
Bitcoin Nears $110K as Dogecoin and Cardano Lead Crypto Rally Amid Eased Trade Tensions – cover image

On May 26, 2025, the cryptocurrency market experienced a notable recovery after a period of turbulence caused by geopolitical concerns. Bitcoin (BTC) rebounded to just under $110,000 following a sell-off triggered by President Trump's tariff threats on the European Union. At the same time, Dogecoin (DOGE) and Cardano (ADA) led significant gains among top cryptocurrencies, with DOGE rising 10.29% to $0.2103 and ADA climbing 9.82% to $0.7142.

This rally mirrors broader market relief as U.S. and European stock index futures gained momentum. A weaker dollar and reduced demand for traditional safe havens like gold and U.S. Treasuries further support the optimism. Traders are cautiously accumulating cryptocurrencies again, evidenced by the surge in call options activity, suggesting confidence in continued market growth.

For investors looking to capitalize on this upward momentum, platforms like Bitlet.app offer innovative services such as Crypto Installments, allowing users to buy cryptos now and pay monthly. This feature can make entering or increasing exposure to cryptocurrencies more accessible, especially in dynamic market conditions.

Overall, easing trade tensions have paved the way for a strong crypto rebound, with Bitcoin nearing $110,000 and altcoins like Dogecoin and Cardano leading the charge. Staying informed and leveraging services like Bitlet.app can help investors navigate the evolving crypto landscape effectively.

Share on:

Related news

Morgan Stanley Taps Coinbase and BNY Mellon for Proposed Bitcoin Trust Custody

Morgan Stanley has named Coinbase and BNY Mellon to custody and administer its proposed Bitcoin Trust; BNY Mellon will act as administrator, transfer agent and cash custodian. The move pairs a major bank with a leading crypto custodian as Morgan Stanley advances a spot-Bitcoin offering for clients.

Published at 2026-03-04 12:15:21
STRC Stock Signals 1,000 BTC Buy in Biggest One‑Day Issuance Since July

STRC’s trading volume spiked after an issuance indicating an approximately 1,000 BTC purchase, the issuer's largest one-day move since July. The action points to aggressive accumulation from Strategy, the largest publicly traded bitcoin holder.

Published at 2026-03-04 11:15:47
Russia Mulls Legal Framework for Stablecoin Payments, Bans Crypto Payments

Russian authorities are considering legalizing payments with fiat‑pegged stablecoins while moving to prohibit traditional cryptocurrencies for payment use. Stablecoin transactions could be governed by a dedicated legal framework to follow broader crypto legislation.

Published at 2026-03-04 11:01:08
Ex-OpenAI Researcher’s Hedge Fund Makes $5.52B Bitcoin Mining Bets

Leopold Aschenbrenner’s Situational Awareness LP disclosed $5.52 billion in equity exposure concentrated in power infrastructure, data centers and Bitcoin mining companies, an SEC filing shows. The rapid build-up in under a year signals rising institutional conviction in mining and related infrastructure.

Paraguay Turns 1,500 Seized Rigs Into State-Led Bitcoin Mining Program

Paraguay’s state utility ANDE will relaunch 1,500 confiscated Bitcoin mining rigs in partnership with Morphware, running them on surplus hydroelectric power under direct government supervision. The program aims to repurpose seized equipment and generate public revenue while testing a state-run mining model.

Published at 2026-03-04 09:00:16