Bitcoin Hits $80,000, Ethereum, XRP Rally as Fed's Waller Says He's 'Willing to Support' Rate Hold
Bitcoin and XRP surge after Fed Governor Christopher Waller backs a September rate hold, sending BTC above $80,000 and XRP to $1.46.
Bitcoin and other cryptocurrencies jumped higher after a top Federal Reserve official said he might support keeping interest rates where they are. When people think money will stay cheaper for longer, they often get more interested in crypto and riskier investments.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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