Bitcoin rallies on Fed rate-pause signals, triggering a $415M short liquidation.
Macro & Markets ·
Bitcoin climbed near $80,270, up approximately 3% over 24 hours, following Federal Reserve Governor Christopher Waller's remarks suggesting support for holding interest rates steady, which reduced September rate-hike odds to 50.4% from 63.2%. The price movement triggered over $415 million in short liquidations within the 24-hour period, with crypto assets including Ethereum and XRP rallying in tandem with broader stock market gains.