Bitcoin is making a strong recovery, nearing the 90,000 marks after a sharp sell−off driven by trade war concerns. According to Coin Metrics, Bitcoin rose more than 186,927.54, while Ether climbed less than 1% to over $2,100. Smaller-cap cryptocurrencies like Cardano’s ADA and Ripple’s XRP also saw gains of 4.6% and 1.8%, respectively.

Bitcoin-related stocks joined the rally, with Coinbase rising nearly 3% and MicroStrategy surging 10%. Pure-play bitcoin miners, including Mara Holdings, recorded gains, while Robinhood saw a slight increase.

The recovery follows a turbulent Monday, when fears of impending tariffs and market volatility triggered a sell-off. Traders are now looking ahead to the White House Crypto Summit on Friday, where details about the proposed U.S. “strategic crypto reserve” are expected to be announced.