Bitcoin rebounds slightly as traders weigh technology company earnings reports and news of conflict in Iran.

After hitting a weekly low on Wednesday, Bitcoin has only slightly rebounded as investors digest overnight financial reports from American tech companies and the latest developments in the Iran conflict. Alphabet and Amazon saw their stock prices rise after announcing strong performances, while Microsoft's stock price remained steady and Meta dropped due to market concerns about the return on its large AI investments. In terms of the Middle East conflict, Axios reported that the U.S. is preparing to launch new strikes to break the deadlock in negotiations with Iran. Meanwhile, the Federal Reserve maintained interest rates on Wednesday, with Federal Reserve Chairman Jerome Powell confirming that he will continue to stay on the board after his term as chairman ends next month. According to data from the London Stock Exchange Group, Bitcoin rose by 0.1% to $75,733, after falling to $74,962 at one point on Wednesday.