Analysis: Tech stocks rebound boosts risk sentiment, Bitcoin slightly recovers after hitting recent lows

Mars Finance News: After Micron Technology released optimistic earnings and Qualcomm gave a positive business outlook, sentiment in the tech sector has clearly warmed up, boosting market risk appetite and alleviating previous concerns about the cooling of AI trading. Driven by this, Bitcoin rebounded from a 20-month low, rising 0.3% to $61,106, after dipping to $59,062 during the session. Market attention now turns to the upcoming release of US PCE inflation data, which could influence expectations for the Fed's subsequent interest rate policy and further sway risk asset trends.
BTC-0.12%
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