Bitcoin jumps nearly 5% after Fed Governor Waller caps rate hike bets

  • Bitcoin jumped nearly 5% Thursday after comments from Fed Governor Christopher Waller.
  • $1.83 billion in crypto positions were liquidated across 120,343 traders within 24 hours.
  • Bitcoin reclaimed $81,000, while traders focused on $83,000 and the potential Golden Cross.

Bitcoin jumped nearly 5% on Thursday after comments from Fed Governor Christopher Waller reduced expectations for further interest-rate increases. Bitcoin was priced at $81,545, while Ethereum traded at $2,510, Solana at $105.01, XRP at $1.46, Dogecoin at $0.08932 and Shiba Inu at $0.05542. Coinglass data showed 120,343 traders were liquidated for $1.83 billion over the previous 24 hours. Spot Bitcoin ETFs recorded $101.2 million in net inflows on Wednesday, while spot Ethereum ETFs had $513.71 million in net outflows. XRP, Hyperliquid and Pepe were among the leading gainers over the same 24-hour period. Trader Crypto Patel said Bitcoin's recovery above $81,000 puts $83,000 in focus, but cautioned that a break below $60,000 would indicate renewed downside risk. Kevin said Bitcoin was two to three days away from potentially confirming a daily Golden Cross (bullish moving-average crossover), adding that such crossovers following bear trends longer than 300 days have historically confirmed a cycle bottom.

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