Bitcoin Edges Higher as U.S. Stock Futures Rise — Market Talk

Bitcoin turns slightly higher as U.S. stock futures rise. "After another strong earnings season, particularly among the technology giants, investors have become increasingly comfortable with the idea that the economy can continue expanding without forcing the Federal Reserve into further policy tightening," Capital.com analyst Daniela Hathorn says in a note. Whether that optimism proves justified hinges on Wednesday's inflation data, she says. Consensus forecasts suggest a further easing in core inflation in July, which would reinforce the view that policymakers can continue their wait-and-see approach, she says. Bitcoin rises 0.3% to $64,278, LSEG data show. ([email protected])