Bitcoin Rises Slightly After Upbeat Tech Earnings, More Positive Trade News -- Market Talk

Dow Jones

2025/05/01

0927 GMT - Bitcoin rises slightly following upbeat U.S. tech earnings and news that the Trump administration is inching closer toward trade deals. Microsoft and Meta reported stronger-than-expected first-quarter results. This suggests robust consumer demand despite tariff concerns, Tickmill Group's Patrick Munnelly says in a note. Investor sentiment has also improved after the Trump administration suggested the U.S. is closer to unveiling its first set of trade agreements, he says. Bitcoin rises 0.8% to $95,326, according to LSEG. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

May 01, 2025 05:27 ET (09:27 GMT)

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Microsoft and Meta reported stronger-than-expected first-quarter results. This suggests robust consumer demand despite tariff concerns, Tickmill Group's Patrick Munnelly says in a note. Investor sentiment has also improved after the Trump administration suggested the U.S. is closer to unveiling its first set of trade agreements, he says. Bitcoin rises 0.8% to $95,326, according to LSEG. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 01, 2025 05:27 ET (09:27 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}