Live updates: Bitcoin climbs above $81,000 as majors rally ahead of Fed decision
Bullish strength: 65/100
- Bitcoin rose 2% to above $81,000, recovering from Monday's dip below $80,000.
- Major altcoins rallied, with HYPE gaining nearly 6%, ZEC rising 5%, and BNB and SOL advancing about 3%.
- Galaxy's Alex Thorn said the bear market likely ended in June when Bitcoin traded below $58,000.
Bearish strength: 35/100
- Fed Chair Kevin Warsh's comments could signal a December rate hike.
- Higher borrowing costs could pull capital away from riskier assets such as cryptocurrencies.
- Monday's sell-off showed that renewed rate-hike concerns can trigger broad crypto selling.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.