Bitcoin Surges 5% After Fed Governor Signals No Rate Hikes

Bitcoin surged almost 5% to reclaim the $81,000 level on September 3, 2026, driving a significant rebound for the overall cryptocurrency market.

The total crypto market capitalization climbed by $112 billion during the session, reaching $2.7 trillion.

Fed Governor Christopher Waller indicated that he would consider maintaining interest rates at current levels during the Fed's September meeting, provided that the decline in US inflation persists.

This reassurance led to an immediate retreat in US Treasury yields and a weakening of the US dollar against other major currencies.