Bitcoin Lifted by Reduced U.S. Rate-Rise Bets
Bitcoin remains elevated after reaching a one-week high, as easing U.S. interest-rate hike expectations boost risky assets. Federal Reserve Governor Philip Jefferson indicated that the Fed might require additional time to assess economic direction before implementing further policy adjustments.
S. interest-rate rises ease, supporting risk assets. Federal Reserve Governor Philip Jefferson said the Fed may need more time to assess the direction of the economy before making any additional policy adjustments.