Bitcoin Reclaims $80,000 Level Following Waller's Rate Stance

Federal Reserve Governor Christopher Waller indicated a preference for maintaining current interest rates this month, provided upcoming economic data remains consistent. Following his remarks, market expectations for a September rate hike dropped from 59% to 43% on Polymarket. In response to the shift in monetary policy outlook, Bitcoin climbed 4.8%, while gold and the S&P 500 rose 2% and 0.46% respectively.