1339 GMT - Bitcoin rises slightly as markets trim U.S. interest-rate rise expectations but the cryptocurrency continues to trade in a tight range. Bitcoin has spent the past six weeks stuck between the technical support level around $62,000 and resistance at $66,000, Trade Nation's David Morrison says in a note. This has become rather frustrating for crypto traders as the lack of volatility has lessened interest in digital assets, he says. AI-adjacent stocks, particularly semiconductors, have caught traders' attention this year at the expense of cryptos, he says. The slow progress of crypto regulation also hasn't helped, he says. Bitcoin rises 0.8% to $63,553, according to LSEG.
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