Technology stocks once again saved the U.S. stock market from falling. Can the excellent financial reports of Microsoft and Google drive a rebound in the entire risk market?
 
Hi, girls and boys, welcome to Uncle Cat’s crypto world.
 
As of the time of posting, Bitcoin is priced at around 64,400. In the early morning, Bitcoin fell below 63,000 and rebounded again. As for the US stock market, the US stock market declined yesterday due to the pressure of US data, but the financial reports of Microsoft and Google were released in the early morning, which directly led to the rise of US technology stocks after the market.
After the release of PCE data tonight, the data is relatively mild, which is still the main theme of the Federal Reserve. Although there is pressure on inflation, it is still within the controllable range. So tonight, the US stock market may usher in a new wave of rebound driven by technology stocks. Can Bitcoin successfully rebound and stabilize at 66,000 this time?