Bitcoin Edges Higher as U.S. Stock Futures Rise

Dow Jones19:21

1119 GMT - Bitcoin edges higher as U.S. stock futures rise after strong quarterly earnings from memory chip-maker Micron Technology eased fears over the sustainability of the artificial-intelligence boom. Qualcomm has also lifted tech sentiment after the chipmaker posted an upbeat forecast for revenue from its data-center business, Trade Nation analyst David Morrison says in a note. Meanwhile, U.S. PCE price data at 1230 GMT will be important, given the recent increase in interest rate rise expectations for the Federal Reserve, which have boosted the dollar and recently weighed on risky assets including cryptocurrencies. Bitcoin rises 0.3% to $61,106 after hitting a 20-month low of $59,062 Wednesday, LSEG data show. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

June 25, 2026 07:21 ET (11:21 GMT)

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Qualcomm has also lifted tech sentiment after the chipmaker posted an upbeat forecast for revenue from its data-center business, Trade Nation analyst David Morrison says in a note. Meanwhile, U.S. PCE price data at 1230 GMT will be important, given the recent increase in interest rate rise expectations for the Federal Reserve, which have boosted the dollar and recently weighed on risky assets including cryptocurrencies. Bitcoin rises 0.3% to $61,106 after hitting a 20-month low of $59,062 Wednesday, LSEG data show. 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