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Bitcoin Holds Above $80K as Fed Comments Fuel Crypto Rally

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin consolidated above $80,000 after touching $82,163, supported by Fed Governor Waller's remarks dampening rate hike expectations.
  • Despite elevated bond yields, the cryptocurrency showed resilience, with broad-based buying across the crypto ecosystem suggesting potential for a sustained uptrend if the key $80,000 level holds.
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BTCUSD price history

76705.00 +13.71% over the displayed period

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