Bitcoin Rises on Optimism Over Upcoming Big Tech Earnings

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Bitcoin was edging higher following gains in U.S. stocks overnight on optimism over upcoming U.S. megacap tech earnings.

Investors are positioning ahead of results from Microsoft, Apple, Meta and Tesla this week.

“The spotlight now shifts to whether the AI-fuelled stock rally can sustain its momentum,” Tickmill Group’s Patrick Munnelly said in a note.