$BTC

Bitcoin is recovering after the tariff chaos, and public companies like Metaplanet are making significant acquisitions. The firm purchased $28.2 million in the asset, almost a $2 million increase since last week.

However, despite this new confidence, Metaplanet's stocks have continued to show unstable performance. The crypto market shows cautious optimism, but that will not immediately translate into big gains.

Although some corporate Bitcoin whales briefly paused their large purchases recently, the markets are starting to heat up again. Metaplanet began buying during the dip last week, and Bitcoin has been making steady progress since then.

Trump's tariff threats caused great uncertainty and cryptocurrency sell-offs in recent weeks. However, since announcing a pause, cryptocurrencies and stocks related to the industry have been on a rally.

Whales like Metaplanet and MicroStrategy immediately started buying Bitcoin, and the entire market is on the rise. The Crypto Fear and Greed Index was recently in Extreme Fear but has greatly recovered. Still, the markets are showing cautious optimism, not a full rally.