Bitcoin back above $81,000 as hike odds fade, Zcash leads with 15% jump
Why now
Thesis: Bitcoin gains as rate hike odds fade, boosting risk assets.
Catalyst to watch: Upcoming US jobs data or Fed signals.
Main risk: Rate cut expectations could reverse.
Why it matters
Bitcoin rises above $81k as rate hike odds fade; lower rates are supportive for risk assets like crypto.
Details
Every major token gained on Friday as traders cut bets on a September Federal Reserve rate increase to a coin flip, though most of the majors are barely changed on the week.
Sources
- coindesk · 2026-09-04 04:22 UTC