Live updates: Bitcoin jumps above $81,000 as rates fall, dollar weakens
60-second summary
Bitcoin surges past $81,000 as U.S. rates decline and the dollar weakens, while investors focus on next week's inflation data that will shape Fed policy. The rally reflects renewed confidence amid easing monetary conditions, and traders anticipate that lower inflation could keep rates steady, supporting further gains in the crypto market.
The government's employment data (due tomorrow) is usually the main economic report of the month, but this time around it's next week's inflation numbers that will decide Fed policy.