Bitcoin is rising, boosted by the optimistic sentiment towards the upcoming earnings announcements from large tech companies.

Boosted by the optimistic sentiment ahead of the upcoming earnings reports of large tech companies in the United States, the U.S. stock market rose overnight, and Bitcoin also saw a small increase. Investors are positioning themselves ahead of earnings releases this week from Microsoft, Apple, Meta, and Tesla. Patrick Munnelly of Tickmill Group stated in a report, "The focus now shifts to whether the stock market driven by artificial intelligence can maintain its momentum." The Federal Reserve's policy decision on Wednesday is also a key focus this week. The market generally expects the Fed to keep interest rates unchanged, but will be looking for any clues about future expected rate cuts. Data from the London Stock Exchange Group shows that Bitcoin rose 0.3% to $88,250.