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BTC price news: Bitcoin zooms above $61,000 as inflation fears soften
Bitcoin rose more than 4% to trade above $61,000, its strongest level in over a week, after Fed Chair Kevin Warsh said inflation risks had eased. A 7.9% drop in South Korea's Kospi on renewed AI chip worries did little to dent the bid.
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coindesk.com
Bitcoin (BTC) climbs toward $60,000 level after Fed Chair Warsh said inflation risks has come down
The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and monetary policy.
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cointelegraph.com
Bitcoin Taps $60K As Investors Grapple With Rate Hike, Record ETF Outflows
Bitcoin made a strong move above $60,000, but a combination of bearish headwinds may put a hard cap on the rally.
