Major cryptocurrencies bounced back on Monday after a harsh weekend selloff that wiped billions off the market. A softer tone from US President Donald Trump on trade with China helped restore some calm and lift prices across the board.

At the time of writing, the global crypto market cap had risen 4.37% to $3.89 trillion on Monday, according to CoinMarketCap.

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BITCOIN RECOVERS AFTER STEEP FALL

Bitcoin, which briefly fell below $105,000 on Friday in the US, was trading at $115,127.37, up 2.

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