Bitcoin jumped nearly 5% on Thursday following comments by Fed Governor Christopher Waller that capped rate hike bets.

Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$81,545
Ethereum	(CRYPTO: ETH)	$2,510
Solana	(CRYPTO: SOL)	$105.01
XRP	(CRYPTO: XRP)	$1.46
Dogecoin	(CRYPTO: DOGE)	$0.08932
Shiba Inu	(CRYPTO: SHIB)	$0.05542

Notable Statistics:

• Coinglass data shows 120,343 traders were liquidated in the past 24 hours for $1.83 billion.       
• SoSoValue data shows net inflows of $101.2 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $513.71 million.
• In the past 24 hours, top gainers include XRP, Hyperliquid and Pepe.

Notable Developments:

• Coinbase Adds Elon Musk’s Alumni to Board Amid Canada Expansion
• Bitcoin Could Hit $90,000 By October Under One Condition, Analyst Says
• DOGE Surges 10%, Attempts Reversal as Japanese Fund Exits Position at a Loss
• Bitcoin Rallied 25% in August but You May Not Want to Get Too Excited
• Trump’s Crypto Ally Fights to Save His Company After a 99% Crash
• September Is Bitcoin’s Worst Month but This Time Might Be Different
• Bitcoin Dips to $78,000 but $300,000 Remains the Big Target, Investor Says
• Bitcoin-Gold Correlation Hits 6-Year High: What Is Going On?

Trader Notes:

Crypto Patel highlighted Bitcoin’s reclaim of $81,000 puts $83,000 in focus. A strong higher-time frame close above that level could invalidate the bearish lower-high, lower-low structure.

He remains cautious until then, with a break below $60,000 signaling renewed downside risk.

Kevin sees Bitcointwo to three days away from potentially confirming a daily Golden Cross. He added that every such crossover following a bear trend lasting more than 300 days has historically confirmed a cycle bottom.

Image: Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.