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Christopher Waller signals potential interest rate hold, driving Bitcoin to over $81,000
Federal Reserve Governor Christopher Waller indicated that the administration might keep interest rates unchanged during the September meeting if inflation continues to cool. This signal provided a boost to the cryptocurrency market, as Bitcoin surged over 5% on Thursday to reach approximately $81,000. The price movement follows a period of relative stability where the token traded between $60,000 and $70,000 since early June. Recent data shows signs of disinflation, which Waller said would support a steady rate if the trend continues. The rally was further supported by a
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