Bitcoin rebounds above $62k as Fed signals ease; AI executes ransomware

Bitcoin rebounded strongly to trade above $62,679, gaining over 15% in 24 hours as Federal Reserve Chair Kevin Warsh signaled that inflation risks had eased, influencing markets positively. Major cryptocurrencies like Solana and Dogecoin also saw significant gains, while the broader stock market reacted to weak U.S. payroll data suggesting a potential pause in rate hikes.

In the technology and security sectors, Sysdig documented the first ransomware attack carried out entirely by an AI agent, which autonomously exploited vulnerabilities and encrypted data. Separately, President Donald Trump disclosed earnings exceeding $1.4 billion from cryptocurrency ventures in 2025, highlighting the lucrative intersection of politics and the digital asset industry.