Ethereum surged back above the $4,000 mark on Saturday evening, recovering sharply from earlier lows that followed a turbulent week for global markets. The rebound came shortly after U.S. Vice President JD Vance said that President Trump is willing to be a “reasonable negotiator” with China on tariffs, a statement that appeared to calm investor nerves after days of escalating trade tensions.
JUST IN: 🇺🇸🇨🇳 Vice President JD Vance says President Trump is willing to be a reasonable negotiator with China on tariffs.
— Watcher.Guru (@WatcherGuru) October 12, 2025
According to data from CoinMarketCap, Ethereum rose 5.7% in 24 hours, hitting $4,068.84 with a market capitalization of nearly $491 billion. The recovery marked a dramatic turnaround from Friday’s crash, when Ethereum briefly dipped below $3,700 amid panic selling triggered by fears of a full-scale trade war between the U.S. and China.
Trading volumes fell by more than 50% as the market steadied, suggesting that panic-driven liquidations have eased. With sentiment improving and diplomatic signals softening, Ethereum’s return above $4,000 could signal renewed confidence heading into the week, especially if tariff negotiations between Washington and Beijing move toward a more constructive path.