Bitcoin rises back above $60,000 after Fed’s reassuring comments

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DailyCryptoNews4 July 2026⏱ 2 min de lecture

⏱ 2 min de lecture

Par DailyCryptoNews
Publié le 4 July 2026

📖 2 min de lecture

Bitcoin crossed the psychological threshold of $60,000 on July 4, 2026, reaching a nine-day high of over $62,000, driven by reassuring statements from Federal Reserve Chairman Scott Warsh regarding the evolution of inflation.

In his first public remarks marking a significant change in tone, Warsh indicated that inflationary risks had “eased,” paving the way for a potential loosening of monetary policy. This speech immediately triggered a rally across all risk assets, with Bitcoin leading the way.

At the time of this trading, Bitcoin was oscillating around $62,507, recording a gain of nearly 1% over the last 24 hours and more than 3.6% over the past seven days. Ethereum followed the trend at $1,759, posting a gain of more than 11% for the week, while Solana climbed to $81.76.

This crypto market rebound is part of a broader macroeconomic context where global stock markets have also just reached all-time highs. The correlation between Bitcoin and technology stock indices remains high, confirming BTC’s status as a risk asset sensitive to global liquidity conditions.

The Fed’s accommodative stance represents a significant paradigm shift for the cryptocurrency market. After months of fears linked to monetary tightening that weighed on digital asset valuations, the prospect of a pause — or even a reversal — of the rate hike cycle gives investors some breathing room.

On the technical side, breaking through $60,000 is seen as a major psychological test. Analysts are now watching Bitcoin’s ability to sustainably hold above this level to confirm the nascent uptrend. A pullback below $60,000 cannot be ruled out, but the positive dynamic of ETF flows suggests solid institutional support.

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