3.8 • 950 Ratings
🗓️ 13 October 2025
⏱️ 6 minutes
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Thanks so much for joining us on this Monday, October 13th, Columbus Day, but not a market holiday. |
| 0:14.9 | I'm Julie Morgan. |
| 0:16.5 | Crypto is on the mend. |
| 0:18.1 | Xiaomi is under fire, and UPS faces customs chaos ahead of the holidays. |
| 0:25.3 | Major cryptocurrencies are staging a rebound after a bruising weekend sell-off |
| 0:30.0 | as President Trump tried to ease worries over trade tensions between the U.S. and China. |
| 0:35.9 | According to Coin Gecko, the total market value of all |
| 0:39.3 | cryptocurrencies climbed more than 6% to surpass $4 trillion. Bitcoin recovered to around $115,000 after |
| 0:48.5 | briefly dipping below $105,000 on Friday in the U.S. Smaller tokens are also bouncing back with ether rising to |
| 0:56.8 | about $4,100 after falling below $3,500. Other notable crypto gainers include XRP up 4%, Binance coin up 3.3% and |
| 1:08.8 | stellar up 1.3%. The rebound followed comments on Sunday from President |
| 1:14.3 | Trump and Vice President J.D. Vance, who signaled a willingness to reach a trade agreement with China. |
| 1:20.6 | The remarks came after Friday's announcement of steep new tariffs on China, which wiped out a record |
| 1:26.1 | $19 billion in crypto positions and triggered |
| 1:29.5 | a sharp market sell-off. As of the time of this recording, crypto exchanges Coinbase Global |
| 1:35.1 | and Bullish are both up 3.2%. Stablecoin issuer Circle Internet Group is up 5.4%. And blockchain-based lender figure technology solutions is up |
| 1:47.3 | 2.9%. Both Circle and Figure went public earlier this year. Other crypto-linked stocks to watch |
| 1:54.8 | include Riot Platforms, Marathon Digital, Micro Strategy, SharpLink Gaming, Bit Digital, BitMine immersion technologies, and |
| 2:04.2 | Clean Spark. All are in the green at this early hour with BitMine up 7%. Shares of Chinese |
| 2:11.6 | smartphone and EV maker, Xiaomi, dropped over 7% on Monday after reports of a car crash in China. One of its |
| 2:19.8 | SU7 electric sedan's doors fell to open after a fiery crash in the southwest Chinese city of |
... |
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