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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