Bitcoin $BTC edged higher on Tuesday, stabilizing after last week’s sharp rebound, as steady ETF inflows, additional coin purchases by Michael Saylor’s Strategy, and positive commentary on U.S. regulation buoyed crypto markets.
Sentiment was also helped by a White House announcement that President Donald Trump is considering some concessions on auto tariffs to soften their impact on the U.S. economy. That raised hopes for a bigger de-escalation in Trump’s broader tariff agenda.
Bitcoin #BTC was up 0.9% at $94,922.0 by 16:12 Moscow time, having risen as high as $95,436.8 earlier in the session. The world’s largest cryptocurrency is near its strongest level in two months, with attention now focused on breaking through the $100,000 mark.