Dovish signals from the Federal Reserve have renewed investor appetite for risk assets, lifting bitcoin toward the $60,000 mark. Fed Chair Kevin Warsh said inflation risks have declined, while reaffirming the central bank's commitment to its 2% inflation target. His remarks suggested a potentially less restrictive monetary policy path, which tends to benefit assets like cryptocurrencies that perform well in lower-rate environments. Warsh also indicated that artificial intelligence could reshape the broader economy and influence how the Fed approaches monetary policy in the future. The comments come as markets closely watch central bank guidance for cues on interest rates. Bitcoin's move toward $60,000 reflects the sensitivity of digital assets to macroeconomic signals, with traders positioning around expectations of easing inflationary pressures and a shifting policy outlook from the Federal Reserve.
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