Bitcoin Surges Past $61,000 Amid Easing Inflation Concerns
Bitcoin's price has jumped over 4%, reaching above $61,000, its highest point in more than a week, following comments from Fed Chair Kevin Warsh about reduced inflation risks.
Editorial Staff
1 min read
Updated about 18 hours ago
Bitcoin experienced a notable increase of more than 4%, trading above $61,000, marking its strongest position in over a week.
This rise comes in the wake of remarks from Fed Chair Kevin Warsh, who suggested that inflation risks have diminished.
In contrast, South Korea's Kospi index fell by 7.9%, largely due to ongoing concerns regarding AI chip production.