Bitcoin: Returns Above $60000 on Inflation Signals

Bitcoin is back above $60,000 after Kevin Warsh signals inflation risk is easing, with BTC up over 4% and adding nearly $37 billion to its market cap while Ethereum gains 4.2%.

Price action shows BTC at $60468.71 hugging the EMA50 support at $60438.67 with MACD confirming a bullish golden cross and neutral RSI at 54.83, leaving room for extension toward the upper Bollinger band at $61144.71 before any pullback. This development fuels BTC price prediction upgrades and crypto market recovery narratives as traders monitor inflation impact on Bitcoin flows.