Bitcoin Back With a Vengeance After Rocky Weekend

Looks like reports of Bitcoin’s demise were greatly exaggerated. After stumbling below $109K over the weekend, the granddaddy of crypto is back above $110K as I write this Monday morning. What happened over the weekend? In classic BTC fashion, prices tanked when Trump threw one of his signature curveballs at markets – flashing the threat of whacking Europe with heavy new tariffs out of the blue.

But the durability of bullish sentiment shone through yet again. As seasoned bitcoiners know all too well, this is par for the course. Macro shocks trigger temporary dips. Skeptics shout bubble warnings. And before you can blink, the bulls are back in charge, gobbling up coins at a discount.

“This weekend was a reminder that crypto moves fast when politics create macro shakes,” my friend Jeff Mei at BTSE told me over Telegram. “But within hours, dip-buying returned as traders realized the tariff deadline got pushed back. This kind of whipsaw action feels almost nostalgic.”

And bitcoin isn’t alone in its revival. Alt favorites like Cardano’s ADA and Dogecoin rallied over 3% within a day – signs of enthusiasm rippling across the crypto landscape. Stocks too have rebounded globally.

Options traders saw it coming. Sources tell me demand surged for call options tied to $130K bitcoin prices after the washout started. It’s the kind of hopium I’d expect from this market’s true believers.

Between relentless institutional inflows, ongoing adoption from major banks and funds and regulators slowly coming around – the long-term looks as bright as ever for bitcoin in our view.