0709 GMT - Bitcoin edges higher following gains in U.S. stocks overnight after strong results from Google parent Alphabet and heavy-machinery giant Caterpillar. U.S. stocks ended April with their best month in six years despite the Iran war. "For a change, geopolitics was not the main market driver yesterday," Jefferies economist Mohit Kumar says in a note. The focus was on earnings and central bank decisions where the Bank of England and European Central Bank sounded more cautious on raising interest rates than expected, he says. Bitcoin rises 0.7% to $76,969, LSEG data show.(renae.dyer@wsj.com)
(END) Dow Jones Newswires
May 01, 2026 03:09 ET (07:09 GMT)
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