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Crypto Macro

Bitcoin reclaims $81K as Fed rate-hike odds fall to 50-50

Bitcoin surged past $81,000 on September 4, up 4% in 24 hours, as Fed rate-hike expectations eased, Treasury yields fell, and ETF inflows returned. Ether rebounded to near $2,500. Spot Bitcoin ETFs saw about $277 million in net inflows Thursday. Fed Governor Waller’s cautious stance cut September hike odds to roughly 48%.

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AI take

The market's sharp reaction to shifting Fed odds underscores how tightly crypto remains tethered to macro liquidity signals, even as ETF flows suggest renewed institutional appetite. The move aligns with a broader risk-on tone from falling yields, but the durability of this rebound hinges on whether rate expectations stay dovish or data forces another repricing. Ether's parallel recovery hints at broad-based sentiment rather than Bitcoin-specific catalysts, making the next CPI or Fed communication the key variable for sustaining momentum.

Generated by AI for reference only.

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