Encryption Daily | Trump's moderate remarks boost BTC back to $115,000, market leverage falls to 2022 Bear Market levels.

On October 13, according to the on-chain AI analysis tool Coinbob, driven by politics and liquidity, the crypto market experienced a technical rebound after the epic liquidation on October 11 (with $19.1 billion getting liquidated). Bitcoin rose to $115,000 within 24 hours, Ethereum broke through $4,150, and the total market capitalization rebounded to $4 trillion. However, the market leverage has fallen to the levels seen during the 2022 Bear Market, and risks of Whale movements and institutional liquidations remain unresolved. Macro triggers: - Trump's moderate comments led to a synchronized rebound in U.S. stock futures and the crypto market - The bipartisan government budget deadlock in the U.S. continues, and the Labor Statistics Bureau confirmed that the September CPI data will be delayed until October 24. Market focus: - The aftermath of the epic liquidation is still ongoing. Glassnode data shows that market leverage has fallen to the levels seen during the 2022 Bear Market - Former BitForex CEO Garrett Jin holds 46,000 BTC on the Hyperliquid platform, and on-chain operations raise concerns about sell pressure - Multiple hedge funds warn of potential liquidation risks, with $100,000 becoming a key support level for Bitcoin - Stablecoins like USDe still face risks of decoupling, and collateral liquidation pressures need to be monitored. Other news: - Trump's youngest son Barron holds a 10% stake in World Liberty Financial, with this portion of the shares estimated to be worth $150 million - U.S. President Trump indirectly holds approximately $870 million in Bitcoin, potentially making him one of the largest Bitcoin investors in the world. Rhythm BlockBeats reminds investors that the recent fluctuations in the crypto market are significant, and they need to pay attention to risk control.