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Bitcoin zooms above $61,000 as inflation fears soften

Crypto CoinDesk By Shaurya Malwa 02 Jul 2026 10:30 1 min read
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.

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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