Bitcoin holds above $80,000 as Fidelity’s Timmer flags Treasury-driven fiscal dominance risk

Bitcoin consolidated above $80,000 at about $80,179 as U.S. equities advanced on Thursday, with the Dow Jones Industrial Average up 0.2%, the S&P 500 up 0.7% and the Nasdaq Composite up 1.57% after Jensen Huang’s “AI inflection point” remarks steadied risk appetite. Nvidia shares rose 8.7%, Broadcom 4.49% and Arm 1.65%, while Salesforce surged 22.58% on deeper Anthropic cooperation around Agentforce and CrowdStrike jumped 20.50% after a second-quarter revenue and guidance beat. Solana broke above $110 before trading at $108.12, up 1.82% over 24 hours, HYPE set a fresh high at $84.78, and earlier in the same advance ether and XRP also gained. The crypto bid remained linked to Nvidia’s $96.22 billion fiscal second-quarter revenue, spot bitcoin ETF inflows, Charles Schwab’s planned SOL, AVAX and LINK listings, Fidelity’s Jurrien Timmer’s fiscal-dominance framing and focus on Fed Chair Kevin Warsh’s Jackson Hole remarks, with oil also firmer after comments on an Iran ceasefire.

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