Bitcoin and Gold Rise as Fed Rate Hike Expectations Cool Off
2026-07-06 08:10

Woofun AI reports that Bitcoin and gold prices advanced after Federal Reserve Chair Kevin Warsh indicated easing inflation risks, reducing market expectations for further rate hikes. Bitcoin spot price reached $63,640.1, up 0.93% in 24 hours, while Ethereum traded at $1,786.6, up 0.4%. Gold rose 1.21% to $4,172.2. The US dollar remained stable as traders awaited FOMC meeting minutes for additional monetary policy signals.

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Tags:
Bitcoin
Ethereum
Kevin Warsh
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