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Quick Facts:
1️⃣ Big cryptos like $BNB, $DOGE, and $ETH bounced back fast after a major market crash.
2️⃣ The crash and quick recovery were tied to President Trump’s statements on China tariffs.
3️⃣ PepeNode is a new project that lets you virtually mine crypto and earn rewards without the expensive gear.

The crypto market soared to over $4T in value just days after a flash crash wiped out nearly half a trillion dollars.

The dramatic rebound was led by some of the biggest names in the game: $ETH, $BNB, and $DOGE, all of which shot up by around 10%.

The Friday crash was triggered by a surprise announcement from President Donald Trump, who imposed a new 100% tariff on China. This news sent shockwaves through the markets, causing Bitcoin to plummet below $103K.

Things then got even wilder when Binance had a glitch that briefly showed some altcoin prices at $0, and a synthetic dollar briefly lost its value on the exchange.

But the market started to turn around just as quickly as it fell. President Trump later said that the U.S. wants to help, not hurt, China, and that seemed to calm everyone down.

While prices haven’t fully bounced back to their previous highs for everyone, some, including $BNB, even edged higher than before the announcement.

One analyst noted that Bitcoin is retesting a ‘golden cross,’ a technical term that has historically triggered significant rallies.

As prices were falling, some major players saw an opportunity. Go to Source to See Full Article
Author: Ben Wallis

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