Bitcoin Hits $81,000, Ethereum Gains 4% as XRP, Dogecoin Surge 10%

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