Bitcoin rises above 65,000 dollar after strong US market data

The Bitcoin price breaks through the magical barrier of $65.000, while the US stock market enjoys a day of record growth. The optimism on Wall Street is rubbing off fully on the crypto world, where investors are massively reviewing their portfolios after a few disappointing economic indicators in recent weeks.

Bitcoin is available at OKX and Bybit.

US stock market celebrates inflation drop

An important moment for the economy: the PCE inflation drops for the first time in six years on a monthly basis. This news gave the stock market a huge boost at the opening. Approximately a trillion dollars in value was added to the US stock market, indicating strong confidence among investors that interest rate cuts are becoming increasingly likely.

Bitcoin benefits directly from this. Lower inflation and possible interest rate cuts make risky assets like cryptocurrencies more attractive for institutional and retail investors. The timing of this economic data coincides with a moment when Bitcoin had been under pressure for a few weeks.

Microsoft effect supports sentiment

Tech stocks, and in particular Microsoft, led the charge today. The company reported revenue of approximately $90 billion in the fourth quarter of 2026, well above expectations of $87.6 billion. This translated into a 15 per cent rise for Microsoft’s stock, the biggest one-day gain since March 2020.

What also played a role: investors were reassured by Microsoft’s positive outlook on artificial intelligence and cloud services. Concerns about excessive spending on AI infrastructure faded into the background. These developments set the tone for broader optimism in the financial markets, from which Bitcoin can also benefit.

Cautious rise for Bitcoin

The Bitcoin price currently stands at $64.715, with an increase of 1 per cent over 24 hours. The moment Bitcoin touched $65.000 during the US market opening forms a psychological breaking point. Last week, Bitcoin was still struggling with lower volumes and decreasing interest from large market participants.

Bitcoin ETFs have recently seen positive capital flows, indicating that institutional investors are cautiously returning. Whether this rise is sustainable largely depends on further developments in the US economy and the Federal Reserve’s response to the drop in inflation.