Cryptos rise after Warsh appointed Fed chair

Cryptocurrencies


Cryptocurrency prices rose during Thursday’s trading after the US Senate voted in favor of appointing Kevin Warsh as the new chair of the Federal Reserve.

 

Markets are also awaiting the outcome of the summit taking place in Beijing between US President Donald Trump and Chinese President Xi Jinping, amid investor optimism over a possible easing of global geopolitical tensions.

 

Crypto Price Changes

Crypto

Price ($)

Change Value ($)

 

Change Percentage (%)

Bitcoin

79863.40

354.24

+0.45%

Ethereum

2269.50

15.17

+0.65%

Ripple

1.4316

0.0068

+0.5%

*As of 11:35 a.m. Makkah time
 

Changpeng Zhao, founder of Binance, said the most urgent task in the crypto sector is currently preparing blockchain infrastructure to become “agent-ready,” enabling AI agents to conduct transactions, store data, and execute trades autonomously and directly.

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