Cryptocurrency2 Jul 2026SEO 801 min read

Analysis: Warsh's comments set the stage for U.S. jobs data to ignite bitcoin, gold rally

Your day-ahead look for July 2, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. The debasemen…

Your day-ahead look for July 2, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. The debasement trade, where investors move money out of fiat currencies like the dollar and into “hard assets” with limited supply, such as bitcoin BTC $ 61,240.22 and gold, could be back in vogue if Thursday’s U.S. nonfarm payrolls data backs up Fed Chair Kevin Warsh’s latest take on inflation. On Wednesday, Warsh said inflation risks have come down.…

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