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Crypto market jumps $112B as Bitcoin tops $81K on eased Fed rate hike fears

Market News
03 Sep 2026
AMBCrypto
View Source
Bullish
pluang ai news

The cryptocurrency market surged by over $112 billion on September 3, with Bitcoin climbing above $81,000. This rally was driven by a drop in US government bond yields and Federal Reserve Governor Christopher Waller's comments suggesting a possible pause in interest rate hikes if inflation cools. Lower bond yields and a weaker dollar typically boost demand for cryptocurrencies by making safer investments less attractive and Bitcoin cheaper for foreign buyers. Bitcoin's price is nearing a key resistance zone around $82,000, and while momentum is strong, a short-term pause in gains could occur after the sharp rise.

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