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Bitcoin Rises 0.3% to $61,106 as Tech Sentiment Improves Ahead of U.S. PCE Data

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2026-06-25 11:45:26
Bitcoin rose 0.3% to $61,106 after rebounding from a 20-month low, after earlier dipping to an intraday low of $59,062.

According to Odaily, sentiment in the technology sector improved following optimistic earnings from Micron Technology and a positive performance outlook from Qualcomm.

Odaily said the shift lifted market risk appetite and eased earlier concerns about cooling AI-related trades.

Market attention has now turned to upcoming U.S. PCE inflation data, which Odaily said could influence expectations for the Federal Reserve’s future interest-rate policy and affect the direction of risk assets.
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