CryptoMag
NEWS Published: JUL 31, 2026, 8:53 PM

Bitcoin Remains Steady Around $64,000 as Microsoft Reports Growth

Bitcoin Remains Steady Around $64,000

Bitcoin is trading near $63,900 as of Thursday, July 30, 2026, experiencing a slight dip. This comes as U.S. stock futures have risen, buoyed by strong financial results from Microsoft, which have reassured investors regarding the profitability of its artificial intelligence initiatives.

Microsoft’s Positive Performance Boosts Market Confidence

The S&P 500 futures gained 0.2%, while Nasdaq 100 futures rose by 0.4% after Microsoft’s premarket shares surged by 8%. This increase followed the company’s cloud unit reporting its strongest growth in four years, despite maintaining spending levels. This indicates that significant investments in AI are now starting to yield returns.

Market Trends and Bitcoin’s Reaction

Investors have reacted positively to Microsoft’s report, contrasting it with recent disappointments from other tech companies, such as Alphabet, which recently increased its spending forecast. Analysts view Microsoft’s growth as a sign that artificial intelligence investments are leading to tangible results without a corresponding rise in operational costs.

Bitcoin has closely followed the trends in the AI and semiconductor sectors, rather than movements specific to cryptocurrencies. This alignment underscores Bitcoin’s correlation with broader market dynamics rather than isolated crypto developments.

Source: coindesk.com

BTC / ZAR

Bitcoin · Rank #1

R1,410,078.59

-0.34% 24h

24h High
R1,447,590.00
24h Low
R1,393,588.25
Market Cap
R28.36T
Volume 24H
R1.23T

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