The Bitcoin price has climbed 2.87% in the past 24 hours to $115,063, signaling an early rebound from the recent crash triggered by the US–China tariff shock. Analyst Ted Pillows compared the current correction to March 2020, suggesting such deep drawdowns typically occur before a strong reversal, not at market tops. Meanwhile, the broader market is showing cautious optimism as global equities and crypto recover following easing trade tensions between the two economic giants.