Cryptocurrency markets rebounded following a significant selloff linked to tariff concerns, which led to nearly $20 billion in liquidations across digital assets. Bitcoin and major altcoins saw a recovery as traders covered short positions and market volatility stabilized. According to CoinGlass, $16.7 billion in long positions were liquidated during the selloff. CoinGecko data indicated that Bitcoin rose by 5%, while Ethereum surged by 10.5% as the market regained its footing.