Crypto shares jumped in premarket trading. Bitfarms up 15%; Upexi, Canaan up over 9%; BitMine up 7%; Bakkt up 6%; CleanSpark, BTCS, Circle, SBET, Bit Digital up 5%.

Most major cryptocurrencies rebounded from steep losses suffered over a brutal weekend selloff, as President Donald Trump sought to quell concerns over trade between the US and China.

The combined market value of all cryptocurrencies rose more than 6% to top $4 trillion on Monday, according to CoinGecko data. Bitcoin was trading at about $115,000 on Monday morning, after sliding below $105,000 on Friday in the US. Smaller tokens also regained some ground, with Ether back to about $4,100 after falling to less than $3,500.

The gains coincided with Sunday statements from Trump and Vice President JD Vance signaling openness to a deal with China that eased trade tensions. A record $19 billion in crypto bets were erased and crypto prices tumbled after severe new China tariffs announced by Trump on Friday. Leverage, automatically triggered sales and low liquidity at odd hours for global trading compounded losses for traders.