Today I have some short, easy-to-understand news about the Bitcoin situation for you guys:

🔹 Bitcoin price increase: Bitcoin just pushed right up to the $60K mark.
🔹 Reason from the US side: This fluctuation occurred right after the international debut of Mr. Kevin Warsh – the new Fed (Federal Reserve) Chair at the ECB Annual Conference in Sintra.
🔹 Fed's attitude: Generally, this new chair is still keeping his cards close to his chest, not willing to give any clear direction on whether interest rates will rise or fall in the near future.
🔹 Notable bright spot: Mr. Warsh hinted that the Fed is more open to using AI technology to curb inflation. According to his calculations, if AI helps boost labor productivity nicely, inflation will automatically cool down. Only then will the Fed have room to consider cutting interest rates.
That's the short news for now, guys. Let's see how the folks at the Fed plan things out, and we'll update you later!