Bitcoin Recovers Above $81,000 as Rate Hike Expectations Diminish

2026-09-04

Major cryptocurrencies saw gains on Friday as traders reduced expectations for a September Federal Reserve rate hike. Zcash reported a 15% increase.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Bitcoin's price rose above $81,000 on Friday as traders lowered expectations for a September Federal Reserve rate hike. This shift in market sentiment also contributed to gains in most major cryptocurrencies, with Zcash seeing a notable increase.

Key facts

Bitcoin's price went above $81,000 on Friday.
Traders reduced expectations for a Federal Reserve rate hike in September.
Most major cryptocurrencies experienced an upward trend on Friday.
Zcash reported a 15% price jump.
The odds of a September rate hike were reduced to a coin flip.

Source: CoinDesk

Reported by VERA Newswire.