- Bitcoin rises above $60,000 on Thursday as Kevin Warsh eases rate hike fears.
- Total liquidations exceed $400 million in 24 hours, primarily driven by $272 million in short liquidations, suggesting a buy-side resurgence.
- Jupiter and Morpho emerge as top gainers over the last 24 hours.
The broader cryptocurrency market is easing downside pressure, with US Federal Reserve Chairman Kevin Warsh’s optimism about US growth driving Bitcoin (BTC) above $60,000. Short liquidations outpace long liquidations over the last 24 hours, suggesting renewed near-term buying strength, while Jupiter (JUP) and Morpho (MORPHO) lead gains during the same period.
Kevin Warsh’s optimism provides minor relief to the crypto market
US Fed Chair Kevin Warsh reaffirmed…
