Waller Rate Signal Sends Bitcoin Soaring to $81K
Bitcoin's price surged to over $81,000 on Friday morning, marking a 4.3% increase in the last 24 hours.
The rally comes after Fed Governor Christopher Waller stated that he would support holding rates steady if inflation continues to ease.
This news led to a significant influx of funds into Bitcoin spot exchange-traded funds (ETFs), with over $730 million flowing in on Thursday, the largest single-day inflow since January 14.