Bitcoin Eyes $60K as Powell’s Cautious Stance on Inflation Boosts Market Confidence

Ahead of Thursday’s crucial U.S. Consumer Price Index (CPI) inflation data, Bitcoin (BTC) is nearing the $60,000 threshold, bolstered by U.S. Federal Reserve Chairman Jerome Powell’s cautious approach to curbing inflation. In his testimony before the Senate Banking Committee on Tuesday, Powell stressed the need for a balanced approach to monetary policy, resisting calls for […] source: https://coinedition.com/bitcoin-eyes-60k-as-powells-cautious-stance-on-inflation-boosts-market-confidence/