Summary of this article
Crypto market rebounds strongly after October 10 sell-off.
SUI and altcoins recover; investor confidence improves post-volatility.
Market optimism driven by liquidity, expected rate cuts, trends.
The cryptocurrency market saw significant sell-off on October 10, 2025 with major coins, such as Bitcoin and Ethereum, as well as altcoins, including SUI, seeing sharp declines following US President Donald Trump’s announcement of a 100 per cent tariff on China. This led to a spate of volatility, and the market is now showing a bounce-back.
Crypto Market Rebounds Strongly After Friday’s Sell-Off
Following Friday’s sell-off, the cryptocurrency market is showing a strong rebound. Bitcoin climbed back to $115,070.13, after briefly dropping to $104,000, while Ethereum reclaimed the $4,000 level and is currently trading above $4,173, making a gain of 8.89 per cent in the last 24 hours. Altcoins are also contributing to the recovery, with XRP climbing 9 per cent to $2.60 and Solana up by 8.07 per cent to $197.
Binance Coin has returned to its upward trajectory, approaching its all-time high of $1,340, and is currently trading at $1,322, up 14.68 per cent, making it the third-ranked cryptocurrency by market capitalisation on CoinMarketCap. Even memecoins, such as Dogecoin and Shiba Inu are trading in the green, posting gains of more than 5 per cent. Overall, the market shows renewed momentum as investors continue to monitor price movements and trends following last week’s sharp volatility.
During the crash, SUI experienced a major drop of around 87 per cent which has now partially recovered by gaining approximately 10 per cent to $2.85.
Vikram Subburaj, CEO of Giottus.com, says: “For altcoins like SUI, the sharp volatility is a reminder to invest only in projects with strong fundamentals, sound tokenomics, active development, and sustained TVL. Use conservative sizing, stagger entries, and avoid chasing momentum.”
What’s Driving the Crypto Market Rebound
Trump wrote on Truth Social, “Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I.” His positive statement coincided with renewed optimism in the cryptocurrency market, with prices across major coins rising.
Edul Patel, CEO of Mudrex, said that the recent crypto sell-off was driven by trade war fears, but investor confidence has improved after President Trump’s reassuring comments. Investors are now identifying attractive entry points and have started accumulating major tokens. He added, “If there are further positive developments on the trade front, this recovery could strengthen and potentially push the market to new highs.”
Elsewhere, Mridul Gupta, founding partner at CoinDCX, said that the recent crypto rebound actually began before President Trump’s positive statement on China. He said that the initial recovery was driven by market liquidity dynamics, with large buy orders executed and demand resurfacing, especially in top altcoins.
He said: “Trump’s remarks provided a short-term boost, but broader structural factors are driving the rebound. Beyond that, the rebound reflects broader structural factors, including expectations of US rate cuts, post-halving momentum, and seasonal Q4 bullish trends.”
Looking Ahead
According to Edul, this appears to be a short-term relief rally. “A decisive move above $120,000 would signal that the bulls are back in control. Also, potential rate cuts can further fuel buying interest in the coming weeks.”
He added: “Sharp price movements don’t change a token’s fundamentals. Avoid panic selling to maintain portfolio stability and maximize long-term gains.”
Mridul Gupta said, “The outlook remains bullish for the coming months, supported by expected rate cuts, post-halving momentum, and seasonal Q4 trends. Short-term pullbacks are normal and healthy for sustainable growth.”
