TL;DR
· Warsh stated that after the inflation risk decreased, Bitcoin briefly rose above $60,700 on July 2, with SOL leading the major tokens.
· The Federal Reserve still adheres to the 2% inflation target and did not provide guidance for the July meeting, with the rebound driven more by easing concerns about tightening.
· Asian AI chip stocks experienced a simultaneous sharp decline, and the flow of funds back into crypto remains only a market imagination, requiring further data and risk appetite to be observed.

According to CoinDesk’s report on July 2, Federal Reserve Chairman Kevin Warsh, speaking at the European Central Bank’s Sintra Forum, stated that “the inflation risk has decreased,” after which Bitcoin quickly regained the…