Bitcoin follows Wall Street's upward trend and continues to rise.
After Google's parent company Alphabet and heavy machinery giant Caterpillar announced strong results, the US stock market rose overnight, leading to a slight increase in Bitcoin. Despite the Iran war, the US stock market had its best monthly performance in six years in April. Jefferies economist Mohit Kumar said in a report, "Geopolitics is no longer the main driving factor in the market as of yesterday." He said the market focus is on earnings reports and central bank decisions, with the Bank of England and the European Central Bank showing more caution on the issue of interest rate hikes than expected. Data from the London Stock Exchange group shows that Bitcoin rose 0.7% to $76,969.
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