Good Morning, Asia. Here's what's making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Bitcoin is trading at $115,157, steady after a volatile weekend which began with the largest crypto liquidation event in history, while Ether rose to $4,146, extending its recovery from Friday’s lows near $3,700.

Elsewhere, Solana gained 11% to $196, Bittensor surged 28%, and Cronos jumped 11%, according to CoinDesk market data, as capital rotated back into high-beta assets following a $20 billion leverage flush. Both Washington and Beijing worked to cool down trade tensions over the weekend, helping the recovery.

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