Bitcoin jumps to $81k as Fed rate-hike odds drop below 50%

Bitcoin surged to $81,000 after remarks from Fed Governor Christopher Waller and softer economic data reduced the probability of a rate hike at the September 16 FOMC meeting to just over 50%, triggering a short squeeze. The move reflects shifting rate expectations, though the hike is still not fully priced out. This signals a potential easing of monetary tightening, which is supportive for risk assets like crypto.