Most major cryptocurrencies have rebounded following a brutal sell-off.

On Monday morning Singapore time, Bitcoin recovered to over $115,000 after briefly falling below $105,000 during Friday's U.S. trading session. Smaller tokens also regained some ground, with Ethereum bouncing from below $3,500 to approximately $4,200.

Sunday's cryptocurrency crash wiped out a record $19 billion in leveraged positions, with leveraged trading, automated sell-offs, and low liquidity during inactive global trading hours exacerbating losses for traders.

"Trump's moderated tone has driven this rebound," said Richard Galvin, co-founder of hedge fund DACM. Galvin added that most so-called altcoins (smaller tokens) remain well below their October 9 levels. "Looking ahead, news-driven risks remain elevated throughout 2025, just as they have been."