Bitcoin modestly recovers to $109,000 following President Trump’s choice to delay EU tariffs, and whale exercise on Hyperliquid sparks market hypothesis.
Bitcoin Sees Slight Restoration, Whereas Altcoins Present Weak Development
The cryptocurrency market has proven resilience, with Bitcoin BTC rebounding to $109,000 following President Donald Trump’s announcement on Could 26, 2025, to delay 50% tariffs on EU imports till July 9, after discussions with European Fee President Ursula von der Leyen.
Supply: TradingView
This choice eased fears of an escalating commerce battle, which had beforehand triggered a pointy correction in Bitcoin’s worth from its all-time excessive of practically $112,000 to a low of $106,800. The restoration displays renewed investor confidence, with the worldwide crypto market capitalization rising to $3.56 trillion within the final 24 hours. Nevertheless, market sentiment stays within the “Greed” zone, signaling potential volatility.
Supply: Different.me
Ethereum ETH is experiencing sluggish development, buying and selling round $2,560, with solely an 8% enhance over the previous 7 days.
XRP, buying and selling at roughly $2.35, noticed modest upward motion, supported by constructive sentiment within the altcoin market, although its momentum lagged behind bigger caps.
Liquidation knowledge paints a cautious image. In line with CoinGlass, the previous 24 hours noticed $200 million in liquidations, with $90 million briefly positions and $110 million in lengthy positions worn out. Bitcoin accounted for 20.5% of those liquidations, reflecting excessive leverage out there.
Supply: CoinGlass
The delay in EU tariffs has offered a brief increase to risk-on belongings, however the excessive proportion of quick positions and up to date liquidations spotlight ongoing uncertainty. Analysts warn that Bitcoin’s essential assist at $106,000 and resistance at $112,000 can be pivotal in figuring out its subsequent transfer, whereas big-cap altcoins like Solana proceed to indicate power amid broader market fluctuations.
Hyperliquid Whales Stir Market Turbulence
Current exercise on Hyperliquid has despatched ripples by way of the cryptocurrency market, pushed by vital whale orders.
Learn extra: A Billion-Greenback Wager: 3 Hyperliquid Whales Wager Large on Bitcoin Bullish Sentiment
On Could 25, 2025, whale James Wynn closed a $1.2 billion BTC lengthy place on Hyperliquid. The place, opened at a median worth of $108,921, was closed at $107,746, leading to a $13.4 million loss on that commerce.
Supply: Hyperdash
He then switched stance, opened BTC quick positions value $1 billion. However simply after 15 hours, he closed all quick positions, dropping $15.87 million.
Regardless of this setback, Wynn’s cumulative trades over the previous 75 days netted an general revenue of $25.2 million, showcasing the high-stakes nature of leveraged buying and selling on the platform.
Prime dealer @JamesWynnReal withdrew 28M $USDC from Hyperliquid, strolling away with a $25.2M revenue.
Over the previous 75 days, he made 38 trades on #Hyperliquid, 17 of which have been worthwhile, with a forty five% win fee.
Throughout that point, he contributed ~$2.31M in charges to #Hyperliquid.… pic.twitter.com/1wZJj22Hvf
— Lookonchain (@lookonchain) Could 26, 2025
Hyperliquid’s low-fee construction and high-leverage choices have made it a hotspot for such large-scale trades, however they’ve additionally raised issues about potential manipulation. X customers famous the impression, with @CryptoInsiderX posting, “Whale strikes on Hyperliquid are shaking the market – open curiosity is spiking, however so is the danger of a liquidation cascade.”
Open curiosity for BTC contracts on Hyperliquid rose 20% within the final 24 hours, per Dune Analytics, fueling hypothesis of a short-term worth push.
