Bitcoin Breaches $65,000 as Yellen Backs ‘Soft Landing’

Bitcoin tapped $65,000 after the Sept. 26 Wall Street open as United States macro events fueled risk asset gains. Data from Cointelegraph Markets Pro and TradingView indicated that BTC price momentum pushed it to $65,521 on Bitstamp — marking its highest point in nearly two months. The continued upward movement was spurred by US Treasury Secretary Janet Yellen, who increased optimism that the Federal Reserve would achieve a “soft landing” for inflation. Speaking to CNBC, Yellen portrayed a positive outlook for the US economy, a tone that Fed Chair Jerome Powell did not echo during his prepared remarks at the