Bitcoin tops $81,000 after Fed Governor Christopher Waller signaled support for keeping rates steady

Crypto Insight Summary: Bitcoin broke above $81,000 after Fed Governor Christopher Waller said he may back rate cuts. This reduced the chances of a September rate hike. As a result, more than $415 million in short positions were closed in crypto derivatives in a single day. Waller’s remark in an interview sparked the momentum. He stated that he... Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate cut signals boost BTC by reducing selling pressure and triggering short squeeze.