🔥BULLISH: Bitcoin surged past $81,000, up 40% from its June low and extending its BIGGEST weekly rally since 2023.
Last week, Warsh's Jackson Hole speech pushed September hike odds to 70% and triggered a broad selloff across stocks, gold and crypto.
Today, Fed Governor Waller said he's seeing "signs of disinflation" and could vote to HOLD in September.
The market reacted immediately:
- September hike odds dropped from 70% to roughly 50%
- Treasury yields fell, the dollar weakened
- Bitcoin jumped 5% past $81,000
- Gold futures surged 2.8% to $4,537
- S&P, Dow and Nasdaq all rallied
- Spot Bitcoin ETFs pulled in $1.92 BILLION the week ending August 21, their largest weekly inflow since October
Bitcoin's correlation with gold just hit a SIX-YEAR high per Bitwise, while its link to the Nasdaq dropped from 60% to 33%.
1September 3, 2026 367 4
