Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints
60-second summary
Bitcoin steadies near $82,000 as South Korean tech stocks rebound and traders slash expectations for a Federal Reserve rate hike, after Fed Governor Warsh refrains from signaling tighter policy. The cryptocurrency maintains above $80k, reflecting reduced inflation concerns and bolstering bullish sentiment, which could sustain upward price momentum in the short term.
Bitcoin held above $80,000 as South Korean tech stocks recovered from a sell-off and traders lowered their expectations for a Federal Reserve interest-rate hike.