WS Investor
04 Sep 2026, 09:06
Bitcoin Jumps Above $81,000 as Fed Fears Ease; Strategy and Coinbase Rally
Bitcoin climbed above $81,000 on Friday as easing Federal Reserve rate-hike expectations, lower U.S. Treasury yields and improving regulatory sentiment boosted demand for crypto assets.
Bitcoin traded around $81,089, up 4.2% over 24 hours, after briefly topping $82,000 and reaching its highest level in nearly four months.
Fed Shift Fuels Crypto Rally
The rally accelerated after Fed Governor Christopher Waller signaled support for keeping rates unchanged in September if inflation continues to moderate. The comments pushed Treasury yields lower and reduced expectations for another rate hike.
Crypto-related stocks rallied even more sharply. Strategy (NASDAQ: MSTR) surged roughly 18% Thursday, while Coinbase (NASDAQ: COIN) gained around 10%, benefiting from Bitcoin's rebound and expectations for stronger crypto trading activity.
Regulatory optimism also helped sentiment, with investors watching potential progress on U.S. crypto legislation.
Attention now turns to Friday's U.S. jobs report. Softer employment data could further reduce Fed rate-hike expectations and support Bitcoin, while a stronger report could push Treasury yields higher and challenge the rebound.
Bitcoin climbed above $81,000 on Friday as easing Federal Reserve rate-hike expectations, lower U.S. Treasury yields and improving regulatory sentiment boosted demand for crypto assets.
Bitcoin traded around $81,089, up 4.2% over 24 hours, after briefly topping $82,000 and reaching its highest level in nearly four months.
Fed Shift Fuels Crypto Rally
The rally accelerated after Fed Governor Christopher Waller signaled support for keeping rates unchanged in September if inflation continues to moderate. The comments pushed Treasury yields lower and reduced expectations for another rate hike.
Crypto-related stocks rallied even more sharply. Strategy (NASDAQ: MSTR) surged roughly 18% Thursday, while Coinbase (NASDAQ: COIN) gained around 10%, benefiting from Bitcoin's rebound and expectations for stronger crypto trading activity.
Regulatory optimism also helped sentiment, with investors watching potential progress on U.S. crypto legislation.
Attention now turns to Friday's U.S. jobs report. Softer employment data could further reduce Fed rate-hike expectations and support Bitcoin, while a stronger report could push Treasury yields higher and challenge the rebound.
