$BTC Bitcoin rose slightly on Tuesday, stabilizing after a sharp recovery last week, as steady inflows into ETFs, additional coin purchases by Michael Saylor's Strategy, and positive regulatory comments in the U.S. supported cryptocurrency markets.
The sentiment was also boosted by the White House's statement that President Donald Trump is considering some concessions on auto tariffs to mitigate their impact on the U.S. economy. This raised hopes for a broader de-escalation in Trump's wider tariff agenda.
Bitcoin rose by 0.9% to $94,922.0 by 4:12 PM Moscow time, having earlier reached $95,436.8 during the session. The largest cryptocurrency in the world is near its strongest level in two months, with attention now focused on breaking the $100,000 mark.