analysis: Tech stock rebound boosts risk sentiment, Bitcoin bounces slightly after hitting recent lows

Odaily reported that following Micron Technology's optimistic earnings report and Qualcomm's positive performance outlook, sentiment in the tech sector has notably improved, driving a rebound in market risk appetite and easing previous concerns about a slowdown in AI trading. Driven by this, Bitcoin recovered after hitting a 20-month low, rebounding 0.3% to $61,106, after dipping to $59,062 during the session. Market attention is now turning to the upcoming US PCE inflation data, which could influence expectations for the Federal Reserve's future interest rate policy and further affect the trajectory of risk assets.