Bitcoin Surges Above $97,000 as Strategy Reaches Year-to-Date High

The market reaction to President Trump's Liberation Day tariffs is stabilizing, with notable gains in both bitcoin and U.S. stock averages.

Bitcoin is trading above $97,000, marking a 3.3% increase in 24 hours and a 14% rise since Liberation Day.
The Nasdaq has risen 2% today, up about 1% since the tariff announcement.
The S&P 500 is also up 1% today, returning to levels prior to early April.
Strategy (MSTR) has rebounded from a 55% drop, reaching a year-to-date high above $400.

Some investors express caution regarding MSTR's performance, noting market peaks are often unpredictable. Strategy will report first-quarter results after market close on Thursday and recently completed its $21 billion share sale program for bitcoin purchases. Speculation exists about a potential new equity offering to bolster its $53 billion bitcoin holdings.