Bitcoin Climbs Above $111,000 as Market Shows Signs of Recovery

Bitcoin stabilized above the $105,000 mark over the weekend before climbing to $111,000 on Sunday evening. Analysts suggest that the cryptocurrency may have already reached its local bottom following recent developments in the Lightning Network. Despite the broader market correction, bitcoin has proven more resilient than most altcoins.

Over the past 24 hours, bitcoin’s price surged more than 5%, reaching as high as $111,400 on Monday morning.

“I think bitcoin has bottomed out,” said Peter Chung, Head of Research at Presto Research. “The next move is likely to be upward rather than downward.”

Trade Tensions and Economic Factors at Play

Hopes for a thaw in U.S.–China trade tensions—one of the key factors behind last week’s market slump—are also fueling optimism. U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet in Malaysia this week to ease economic tensions.

Sean Dawson, Head of Research at Derive, shares Chung’s cautiously optimistic outlook.

“This is probably a local bottom. Lower interest rate expectations are driving investors toward riskier assets like cryptocurrencies,” Dawson noted.“However, renewed trade war tensions could trigger further declines.”

In the short term, the market’s direction will depend on Friday’s U.S. inflation report, although most experts believe that the outcome of the U.S.–China trade talks will have a greater influence on crypto prices.

Corporate Bitcoin Holdings Jump 40%

Corporate interest in bitcoin continues to rise sharply. According to a report by Bitwise, the number of publicly traded companies holding bitcoin increased by nearly 40% in Q3, reaching a record 172 firms. Together, they now hold more than one million bitcoins—about 4.8% of total supply, valued at approximately $113 billion.

Leading the so-called “bitcoin treasury” movement is Saylor Strategy, which holds over 632,000 bitcoins, followed by Marathon Digital and Metaplanet. Saylor Strategy alone added 40,000 bitcoins in the third quarter.

As Bitwise CEO Hunter Horsley put it:

“People want to own bitcoin—and businesses do too.”

This trend suggests that bitcoin is increasingly viewed as a mainstream corporate reserve asset, a shift that could attract even more institutional investors and strengthen long-term price support.

Charles Schwab to Offer Bitcoin Spot Trading in 2026

Financial giant Charles Schwab, which manages over $11 trillion in assets, announced plans to launch spot cryptocurrency trading in the first half of 2026. The move, confirmed by CEO Rick Wurster following the company’s Q3 earnings report, comes in response to surging client demand.

Wurster revealed that traffic to Schwab’s cryptocurrency education portal has jumped by 400%, highlighting growing investor interest. The new platform will allow clients to directly trade bitcoin and ether, putting Schwab in direct competition with established crypto exchanges like Coinbase.

Currently, Schwab offers crypto exposure through ETFs, closed-end funds, and futures. However, the upcoming spot trading platform will provide a more direct and flexible investment option. The company also plans to integrate these services into its wealth management ecosystem, positioning crypto as a legitimate tool for portfolio diversification.

Looking ahead, Schwab is exploring opportunities in stablecoins and asset tokenization, pending greater regulatory clarity.

Luxembourg’s Sovereign Wealth Fund Invests in Bitcoin ETFs

In a historic first for the eurozone, Luxembourg’s intergenerational sovereign wealth fund (FSIL) has invested in bitcoin through regulated ETFs. The position, representing about 1% of its portfolio, was announced by Finance Minister Gilles Roth during the presentation of the 2026 budget.

The decision followed a July policy change that allowed the fund to allocate up to 15% of assets to alternatives such as real estate, private equity, and now, cryptocurrencies. FSIL manages around €750 million, most of which remains invested in bonds and index funds.

According to Treasury Secretary Bob Kieffer, the fund chose ETFs to mitigate operational and custody risks while ensuring regulatory transparency and compliance with EU standards.

“Some may see this as cautious, others as bold,” Kieffer said. “We see it as a balanced move—and a recognition of bitcoin’s growing role in global finance.”

Japan May Allow Banks to Trade Cryptocurrencies

Japan’s Financial Services Agency (FSA) is reportedly considering major reforms that would allow domestic banks to buy and sell cryptocurrencies, according to the Yomiuri Shimbun. The current rules prohibit banks from holding digital assets due to their volatility.

Under the proposed changes, banks could trade cryptocurrencies in a manner similar to stocks or government bonds. The FSA will discuss the reform during an upcoming meeting of the Financial Services Board, which advises the Prime Minister.

In addition, the FSA may permit banks to register as cryptocurrency exchanges, making it easier for retail investors to access digital assets through trusted financial institutions.