Fed Inflation Comments Lift Crypto Market as Solana Outperforms Major Tokens

Bitcoin (BTC) climbed back above $60,700 on Thursday after a sharp overnight rebound, supported by comments from Federal Reserve Chair Kevin Warsh that eased concerns about inflation and improved sentiment across financial markets. The recovery marks one of Bitcoins strongest short-term moves after weeks of sustained pressure that kept the worlds largest cryptocurrency trading near multi-month lows. Speaking at the European Central Banks annual forum in Sintra, Portugal, Warsh said inflation risks had moderated while reiterating the Federal Reserves commitment to bringing inflation back to…  Read more

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