--- title: "Bitcoin Hits $80,000, Ethereum, XRP Rally as Fed's Waller Says He's 'Willing to Support' Rate Hold" type: "News" locale: "en" url: "https://longbridge.com/en/news/297936808.md" description: "Bitcoin surpassed $80,000 and XRP rallied to $1.46 following Fed Governor Christopher Waller's statement supporting a September interest rate hold, contingent on cooling inflation. This sentiment reduced headwinds for risk assets, driving BTC up 5% and Ethereum up 4%. Waller emphasized continued progress toward the 2% inflation goal, noting core inflation has declined significantly. Market futures currently price in a 51% chance of a hike, making upcoming CPI data critical." datetime: "2026-09-03T15:33:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297936808.md) - [en](https://longbridge.com/en/news/297936808.md) - [zh-HK](https://longbridge.com/zh-HK/news/297936808.md) generator: "portal-rs" --- # Bitcoin Hits $80,000, Ethereum, XRP Rally as Fed's Waller Says He's 'Willing to Support' Rate Hold **Bitcoin** (CRYPTO: BTC) is back above $80,000 after Fed Governor **Christopher Waller** said he is willing to hold rates steady at the Sep. 15 meeting. ### Waller Backs September Rate Hold as Inflation Cools As Benzinga reported Thursday, Waller told Reuters that he supports holding rates provided August inflation does not surprise to the upside.  “If there is continued progress toward our 2% goal, then I am willing to support holding the policy rate at its current level,” Waller said, adding that a hot inflation print would put a hike back on the table. His case rests on the three-month core inflation run rate falling from 4.76% in February to 3.05% through July, a pace he called encouraging despite annual PCE still running at 3.3%. Fed futures currently price in a 51% chance of a September hike according to CME FedWatch, making August CPI the swing input for markets. ### Bitcoin Jumps 5% and Challenges $82,207 Resistance A rate hold removes one of the most immediate headwinds for risk assets. BTC surged 5% to $80,600 Thursday, pushing into the resistance band that has capped price since May.  Moreover, RSI at 71.27 confirms genuine momentum behind the move with the 20-day EMA at $75,164 sitting well below as fresh support. #### Key levels for BTC: - $82,207 — 1.0 Fib resistance, close above opens path to $97,278 - $76,983 — 0.786 Fib, first support on any pullback **Ethereum** (CRYPTO: ETH) and **XRP** (CRYPTO: XRP) are up 4% and 8%, respectively, on the news. XRP is breaking decisively out of the descending triangle that compressed price for two weeks after August’s spike to $1.70.  RSI at 72.46 matches the sharpest reading since the initial August 19 breakout, with the EMA cluster at $1.37 now flipping to support below. #### Key levels for XRP: - $1.50 — next psychological resistance - $1.37 — EMA cluster, breakout retest support **Read Also: Coinbase Adds Elon Musk's Alumni to Board Amid Canada Expansion** *Image: Shutterstock* ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [XRPZ.US](https://longbridge.com/en/quote/XRPZ.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [XRPR.US](https://longbridge.com/en/quote/XRPR.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [GXRP.US](https://longbridge.com/en/quote/GXRP.US.md) - [XRP.US](https://longbridge.com/en/quote/XRP.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [TRI.US](https://longbridge.com/en/quote/TRI.US.md) - [CME.US](https://longbridge.com/en/quote/CME.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [SSTK.US](https://longbridge.com/en/quote/SSTK.US.md) ## Related News & Research - [CoinShares says latest CPI print offers no support for Bitcoin](https://longbridge.com/en/news/298755370.md) - [Frameless Gallery Launches Ethereum NFT Display Platform for TokenFrame and Browser-Capable Screen](https://longbridge.com/en/news/298317836.md) - [Liquid Network restarts after $320M hack, but peg-outs remain frozen — What’s happening?](https://longbridge.com/en/news/298792008.md) - [Liquid Network Recovers 85% Of Stolen Bitcoin After Hackers Demand A Security Fix Before Returning Most Funds](https://longbridge.com/en/news/298258280.md) - [Assessing how Ethereum’s 2027 upgrade could redefine ETH’s utility](https://longbridge.com/en/news/298377520.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**