Investing.com-- Bitcoin rose slightly on Tuesday, steadying after a sharp rebound in the past week as sustained ETF inflows, more coin purchases by Michael Saylor’s Strategy, and positive comments on U.S. regulation boosted crypto markets.

Sentiment was also aided by the White House stating that President Donald Trump was considering some concessions in his automotive tariffs to help blunt their impact on the U.S. economy. This drove up hopes for a greater deescalation in Trump’s broader tariff agenda.

Bitcoin rose 0.1% to $94,335.3 by 01:36 ET (05:36 GMT), having risen as far as $95,436.8 earlier in the session. The world’s largest crypto was near its strongest level in two months, with eyes now on a break above $100,000.

Strategy buys more Bitcoin for $1.4 bln

Strategy (NASDAQ: MSTR ) (formerly MicroStrategy) disclosed a purchase of 15,355 Bitcoin for a cumulative $1.42 billion. The company bought the coins between April 21 and April 27, it said in a filing on Monday.

The purchase brings Strategy’s total Bitcoin holdings to 553,555 coins, furthering its spot as the biggest corporate Bitcoin holder.

The company has largely funded its Bitcoin purchases through equity and debt issuances, and clocked stellar share gains in recent months as investors treated it as a vehicle for Bitcoin exposure.

Strategy’s shares have also far outpaced Bitcoin so far in 2025, and are trading up 23%, compared to a near 1% rise in Bitcoin.

US Commerce Sec. Lutnick flags friendlier crypto regulation

U.S. Commerce Secretary Howard Lutnick said in a recent interview with Bitcoin Magazine that the Trump administration was working to dole out more crypto-friendly regulations, and also invited more crypto companies to invest in the United States.

Lutnick said Bitcoin miners stood to benefit greatly from a recently unveiled investment accelerator by the Commerce Department.

Lutnick also said he views Bitcoin as a commodity, and that he will encourage government agencies to regard the crypto in the same way as gold.

Lutnick’s comments drummed up hopes for more crypto-friendly regulation under Trump, after his plans for a Bitcoin nation reserve failed to impress earlier this year.

Crypto price today: altcoins muted, $TRUMP retreats

Broader crypto prices were mostly rangebound, as a bulk of positive news appeared to be centered around Bitcoin.

World no.2 crypto Ether fell 0.1% to $1,793.96, showing little reaction to a project update from the Ethereum Foundation.

$TRUMP slid 6% amid some profit-taking after a stellar melt-up in the past week. Reports showed some major holders mobilizing tokens onto centralized exchanges, heralding potential sales.

XRP fell slightly to $2.2720, while Cardano and Solana fell about 2% each.

Dogecoin fell 0.7%.