Analyzing Bitcoin‘s rally as Waller’s Fed stance makes rate call a 50-50 coin toss
Last week, Federal Reserve Chair Kevin Warshs hawkish speech at the Jackson Hole event led to a Bitcoin [BTC] price drop to $77k. The Fed was not yet done fighting inflation, and this news raised the odds of a rate hike to 57%. On Thursday, the 3rd of September, Bitcoin rallied 5% in a day following Fed Governor Christopher Wallers comments. Speaking at a Reuters event, Waller indicated that he would be inclined to support keeping interest rates unchanged during the September meeting. The same day also saw $730.8 million net flows into spot BTC ETFs, highlighting strong demand. This Bitcoin price move led to an uptick across the crypto market. It also slashed the odds of a rate hike from 57% to closer to 50%, according to the CME FedWatch Tool. Source: FedWatch Tool It is now a coin toss whether interest rates remain unchanged or face a hike. Any event from now to the announcement that gives some certainty to an outcome will be likely to move markets to a greater extent. The impact of the Feds decision on crypto In 2026, the days around the FOMC rate decision have tended to be clear price pivot points. For example, the decisions in January, March, and









