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Bitcoin rebounds above $60,700 as Fed comments ease inflation fears; Solana leads crypto gains.

Market News
02 Jul 2026
Tokenpost
View Source
Bullish
pluang ai news

Bitcoin surged back above $60,700 following Federal Reserve Chair Kevin Warsh's comments that inflation risks have eased, boosting market sentiment. Solana outperformed major cryptocurrencies with a 4% gain, while Ether also rose. Meanwhile, semiconductor stocks faced sharp declines amid concerns over AI sector valuations and supply chain shifts. The crypto market's next direction may hinge on whether AI stock weakness triggers a broader capital rotation back into digital assets or remains a temporary setback.

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