Why Is Bitcoin Up Today?
A Federal Reserve governor signaled that interest rates may stay where they are, helping Bitcoin recover from its slide earlier in the week.
Overview
Bitcoin (CRYPTO: BTC) is up 4.8% over the past 24 hours as of 2:50 p.m. ET on Thursday, Sept. 3, 2026, after U.S. Treasury yields fell and investors became less worried that the Federal Reserve would raise interest rates this month.
The S&P 500 and Nasdaq Composite were up 1.1% and 1.6%, respectively.
Details
U.S. Federal Reserve Governor Christopher Waller on Thursday said that he would support leaving interest rates unchanged if August inflation data is positive. This led to a drop in the market's expectations for an upcoming rate increase.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.