Bitcoin recovers $80K as Waller signals a pause
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$1122.29 -0.34%
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- 1Bitcoin climbed from the mid-$77,000 range to above $81,000 intraday by midday on September 3, gaining about 5% in a day.
- 2Fed Governor Waller said he would support a pause in mid-September if August price trends hold, while spot ETFs saw net inflows of $101 million led by BlackRock (IBIT).
- 3The backdrop is reduced rate-hike expectations following hawkish Jackson Hole comments from Chair Warsh; the next tests are jobs data, September 11 CPI, and the FOMC.
This 3-line summary is compiled from the report below.
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