Bitcoin accelerated above $81,000 on Thursday as easing concerns over interest rates and renewed institutional demand supported the broader cryptocurrency market, according to CryptoSlate. The move followed comments from Federal Reserve Gov. Christopher Waller on Sept. 3. Waller said he could support leaving interest rates unchanged this month if August inflation continues to moderate. His remarks helped reduce market-implied expectations for a September rate increase to roughly the level reported by the source, although the available report does not provide the exact figure. Despite evidence of buyers participating in Bitcoin’s advance, options traders have not positioned for a clear upside breakout. The divergence leaves the market’s near-term direction less certain: spot demand has strengthened, while derivatives pricing remains measured. Bitcoin is the primary asset affected by the report, with the broader crypto market also benefiting from the shift in rate expectations and institutional interest.
