Cardano and Dogecoin Lead Market Rebound After Historic $19B Liquidation
On October 13, 2025, the cryptocurrency market saw a dramatic flash crash caused by escalating trade tensions between the U.S. and China. This event triggered a historic liquidation of approximately $19 billion — the largest single-day figure recorded to date. However, within just 48 hours, the market rebounded notably, led by Cardano (ADA) and Dogecoin (DOGE).
Both ADA and DOGE surged nearly 10% during this recovery phase. At the time of reporting, ADA is priced at $0.7182, up 11.45%, while DOGE is at $0.2101, increasing by 11.13%. Other major cryptocurrencies also witnessed gains, with Bitcoin (BTC) rising by 2.89% to $114,915.23 and Ethereum (ETH) by 8.68% to $4,153.78.
Market experts highlight that despite the volatility, the overall structure of the market remains intact. Strong ETF inflows and elevated trading volumes contribute to a positive outlook, indicating ongoing investor confidence. These factors suggest a potential path toward recovery and the resurgence of bullish sentiment leading to new all-time highs.
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