{"id":48172,"date":"2025-10-13T15:55:14","date_gmt":"2025-10-13T20:55:14","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=48172"},"modified":"2025-10-13T15:55:25","modified_gmt":"2025-10-13T20:55:25","slug":"bitcoin-price-surges-back-to-116000","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-surges-back-to-116000","title":{"rendered":"Bitcoin Price Surges Back to $116,000 After Bloody Crypto Weekend\u00a0"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>It\u2019s been a rocky three days for the crypto market\u2026 to say the least. <\/p>\n\n\n\n<p>But bitcoin holders are faring best, as bitcoin price bounced back sharply to around $116,000 today following a volatile weekend that saw the broader crypto market slump.<\/p>\n\n\n\n<p>The bitcoin price <a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-price-crashes-to-108000-as-trump-to-impose-100-tariffs-on-china\">fell<\/a> to the low $100,000s on Friday as U.S. and China <a href=\"https:\/\/www.nbcnews.com\/business\/business-news\/wall-street-takes-back-fridays-losses-trump-softens-tone-china-trade-t-rcna237277\" data-type=\"link\" data-id=\"https:\/\/www.nbcnews.com\/business\/business-news\/wall-street-takes-back-fridays-losses-trump-softens-tone-china-trade-t-rcna237277\" target=\"_blank\" rel=\"noopener\">trade tensions <\/a>rattled global markets. President Donald Trump announced new 100% tariffs on Chinese goods after Beijing unveiled sweeping export controls set to begin Nov. 1.\u00a0<\/p>\n\n\n\n<p>But over the weekend, market jitters eased and the bitcoin price gradually rebounded. President Trump walked back some of the fear and <a href=\"https:\/\/www.usatoday.com\/story\/news\/politics\/2025\/10\/12\/trump-china-trade-tariff-tensions\/86661372007\/\" data-type=\"link\" data-id=\"https:\/\/www.usatoday.com\/story\/news\/politics\/2025\/10\/12\/trump-china-trade-tariff-tensions\/86661372007\/\" target=\"_blank\" rel=\"noopener\">posted<\/a> that \u2018it will all be fine\u2019 in reaction to the trade tensions.<\/p>\n\n\n\n<p>The recovery comes as both institutional inflows and corporate treasury activity help stabilize sentiment across crypto markets.<\/p>\n\n\n\n<p>The latest leg higher was sparked, in part, by Strategy\u2019s <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-rebounds-above-114000-as-strategy-buys-220-more-bitcoin\">announcement<\/a> that it had purchased an additional 220 BTC for roughly $27.2 million, bringing its total holdings to 640,250 BTC \u2014 about 3.1% of Bitcoin\u2019s total supply.\u00a0<\/p>\n\n\n\n<p>The company funded the purchase through proceeds from several at-the-market (ATM) share offerings over the past week.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">JUST IN: $116,000 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Bitcoin<\/a> \ud83d\ude80 <a href=\"https:\/\/t.co\/CExFQL01Zw\">pic.twitter.com\/CExFQL01Zw<\/a><\/p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1977825928811343997?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 13, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>While Strategy\u2019s accumulation has long been a fixture of bull market narratives, analysts say the timing of this latest buy sent a strong signal of confidence to jittery investors following Friday\u2019s sell-off.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin price panic to recovery<\/h2>\n\n\n\n<p>Technical analysts <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-weekly-close-at-115k-after-fridays-crash-support-at-105k-holds-but-bears-dominate\">now view<\/a> a bitcoin price of $105,000 as key short-term support, while $118,000 remains the level to reclaim for bulls to reassert control. The broader bias remains cautious, with oscillators still tilting bearish following the steep drawdown.<\/p>\n\n\n\n<p>Beyond short-term price action, the recovery highlights Bitcoin\u2019s growing foothold among corporate treasuries and institutions. Recent data show continued inflows into U.S. spot Bitcoin ETFs, with BlackRock\u2019s IBIT ETF <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-reclaims-122000-as-blackrock-bitcoin-etf-surpasses-800000-btc-aum\">surpassing<\/a> 800,000 BTC in assets under management \u2014 valued near $97 billion.<\/p>\n\n\n\n<p>That <a href=\"https:\/\/bitcoinmagazine.com\/business\/institutions-plan-to-double-bitcoin-and-crypto-exposure-by-2028-state-street-research-finds\">steady institutional accumulation<\/a>, coupled with corporate entities like Strategy, DDC Enterprise, and others adopting Bitcoin as a treasury reserve, has become a defining feature of this market cycle.<\/p>\n\n\n\n<p>With the next Bitcoin halving approaching in April 2026 and macro conditions still volatile, analysts expect more turbulence ahead. But the underlying narrative remains supportive: limited supply, rising institutional demand, and growing legitimacy as a treasury asset.<\/p>\n\n\n\n<p>At time-of-writing, bitcoin is trading around $116,050, up roughly 9% from its weekend lows.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It looks like market jitters have eased as Bitcoin price rebounded to $116,000 today.<\/p>\n","protected":false},"author":3817,"featured_media":48174,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[76,132,133,347,61,247],"class_list":{"0":"post-48172","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-bitcoin","9":"tag-bitcoin-price","10":"tag-bitcoin-price-correlation","11":"tag-china","12":"tag-donald-trump","13":"tag-price-action"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/10\/Bitcoin-Price-Surges-Back-to-116000-After-Bloody-Crypto-Weekend-.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/48172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=48172"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/48172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/48174"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=48172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=48172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=48172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}