Bitcoin prices rebound after the Federal Reserve sends dovish signal

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Federal Reserve officials 'statements boosted the market. Bitcoin exceeded US$81,132 and led to a rebound in crypto assets.

On September 3, 2026, the price of Bitcoin soared to US$81,132, an increase of 4.56% in 24 hours. After Federal Reserve Governor Christopher Waller hinted that he might support keeping interest rates unchanged, it triggered a widespread rise in the cryptocurrency market. Ethereum (ETH), Ripple (XRP) and Doggy (DOGE) all recorded significant gains.

Waller's remarks changed the macro expectation pattern.

Policy signals: Waller said on September 3 that if inflation data continues to cool, he may support maintaining interest rates at current levels.

Market reaction: The probability of a September rate hike dropped from nearly 65% to a 50-50 situation.

Price Trend: Bitcoin hit US$81,132, an increase of 4.56%, followed by Ethereum, Ripple and Dogecoin.

In a speech on September 3, 2026, Federal Reserve Governor Christopher Waller said he would tend to support maintaining the federal funds target rate at current levels if upcoming inflation data continued to show progress towards the 2% target. The market interpreted this comment as a dovish trend. Waller also kept another "window", saying that if August's inflation data performed strongly, it would still be appropriate to raise interest rates at the FOMC meeting on September 15 - 16, 2026, making the September decision still two-sided.

These remarks quickly changed interest rate expectations. After Waller's speech, the market's implicit probability of a September rate hike fell from nearly 65% to about 50-50, a shift that immediately supported risky assets. This is similar to previous Bitcoin markets that often depended on key Fed dates.

Bitcoin led the gains, followed by Ethereum, Ripple and Dogecoin.

At the time of research data collection, Bitcoin traded at US$81,132, up 4.56% on the day. This trend is in line with the broad theme of "Federal Reserve Signal Shaping Bitcoin's Next Step." This is a broad-based market rally, not Bitcoin alone. Altcoins actually outperformed Bitcoin's 4.56% gain: Ethereum traded at $2,515.38 (+4.88%), Ripple at $1.45 (+6.61%), and Dogecoin at $0.087356 (+5.74%).

Investopedia reported that Bitcoin briefly hit an intraday high of nearly $81,400 on September 3, the highest intraday level since May 15. Some crypto market reports pointed out that the price exceeded US$82,000, but other sources have not confirmed the exact level.

Market sentiment is in line with the market. The Fear and Greed Index read 74, firmly in the "greedy" range, which is consistent with the tone of risk appetite among major currencies and large-cap altcoins.

Focus points before CPI data release and before September FOMC meeting

There are currently two key dates that anchor market expectations. The U.S. August Consumer Price Index (CPI) report will be released on September 11, 2026, and the FOMC meeting will be held from September 15 to 16. Waller will directly link the next decision to incoming inflation data. This is reminiscent of the market's reaction when a Fed official downplayed soft inflation data, when Bitcoin fell to $78,400.

Analyst Michaël van de Poppe frames the current open question as whether this will become a regular cycle or a shorter cycle, and proposes a rally similar to the 2016-2017, with the peak occurring earlier. This is one of the interpretations of the current market, not an established fact.

"The big question that needs to be answered from now on is whether we will enter a regular cycle or a shortened version. In theory, Bitcoin may have already undergone a mid-term adjustment, and we are about to enter a rebound similar to 2016-2017, with its peak coming earlier than...

Currently, intraday highs close to $81,400 are key resistance, and the September 11 CPI data will be the first real test of whether the dovish-leaning rally can continue into the FOMC meeting.

Disclaimer : This article is for information purposes only and does not constitute financial or investment advice. There are significant risks in the cryptocurrency and digital asset markets. Be sure to conduct independent research before making a decision.