Bitcoin rises to a one-week high as markets scale back expectations for interest-rate rises by the Federal Reserve slightly. The repricing comes after Fed Chair Kevin Warsh said Wednesday that inflation risks had eased. Markets responded to his comments by largely pricing out a July rate hike, though Warsh declined to offer forward guidance and reaffirmed the Fed's 2% inflation target, Nexo analyst Iliya Kalchev says in a note. "Today's [nonfarm] payrolls report will either reinforce or challenge that repricing." The data are due at 1230 GMT. Bitcoin rises 1.9% to as high as $61,323, according to LSEG. (renae.dyer@wsj.com)