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Bitcoin rebounds above $60,000 as Fed's Warsh signals easing inflation risks, boosting crypto market.

Market News
02 Jul 2026
Coindesk
View Source
Neutral
pluang ai news

Bitcoin surged back above $60,000 after Federal Reserve Chair Kevin Warsh indicated that inflation risks have decreased, providing a positive boost to the crypto market. Solana led major cryptocurrencies with a 16% weekly gain, while other tokens showed mixed results. The rise in Bitcoin comes amid a selloff in semiconductor and AI stocks, which may influence capital flow back into crypto. Investors will watch closely whether this shift signals a sustained recovery or a short-term reaction.

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