Bitcoin Surges to $113,700 as Crypto Market Rebounds to $3.88T After ‘Black Swan’ Shock

On Oct. 11, COINOTAG reported the crypto market is showing a measured recovery after a noted Black Swan shock, with aggregate market cap rising to $3.88 trillion. Market leaders led the rebound: Bitcoin advanced to $113,700 while Ethereum traded near $3,900, and several stablecoin-linked derivatives have been restoring their pegs. The breadth of the rebound is evident as the altcoin drawdown narrows following an earlier phase when Ethereum briefly dipped below $3,500 and many smaller tokens declined more than 80%. These figures are reported by COINOTAG and reflect short-term market stabilization rather than a projection of sustained trend reversal.