Bitcoin rose above $77,500 on Monday, prompting a rally across the cryptocurrency market as investors priced in a lower probability of an imminent Federal Reserve rate increase. The price move coincided with a notable decline in market‑wide estimates of a Fed hike, which fell to between 62% and 66% according to several industry trackers.
Bitcoin breaches $77,500 amid easing Fed expectations
The leading digital asset reclaimed the $77,500 threshold, a level not seen since early November. Analysts linked the bounce to fresh data suggesting that the odds of a U.S. central‑bank rate hike have receded from near‑certain territory to roughly two‑thirds of market participants. CoinDesk reported the odds at 62%, while Cryptonews.net placed them at 66%.
Fed rate‑hike odds diverge across sources
Discrepancies in the exact probability reflect differing methodologies among data providers. CoinDesk cited a 62% likelihood, whereas Cryptonews.net and an open‑source prediction model referenced by openPR.com both quoted a 66% chance. All three outlets agreed, however, that the probability has slipped from the previous consensus of above 70%.
Broad crypto rally, XRP leads the pack
Within the 24‑hour window, every major cryptocurrency posted gains, but the magnitude varied. XRP posted the most pronounced rise, outpacing peers such as Ethereum and Solana. Only Zcash and the Hyperliquid token managed to preserve their weekly gains, indicating that while short‑term momentum is widespread, sustained upward pressure remains limited to a handful of assets.
"Bitcoin climbed above $77,500 as the odds of a Federal Reserve rate hike fell to around two‑thirds, sparking a rally that lifted all major tokens in the past 24 hours."
The reduction in Fed‑hike expectations is viewed by market participants as a signal that liquidity may remain more accommodative than previously thought. Historically, lower interest‑rate risk has buoyed risk‑on assets, including equities, commodities, and crypto. The current environment, therefore, has reinforced a risk‑on bias, encouraging capital flows into digital assets that had been under pressure amid earlier tightening forecasts.
Despite the optimism, some analysts caution that the rally could be fragile if the Federal Reserve signals a return to a more aggressive stance. openPR.com warned that a sustained 66% probability of a rate hike could place the $74,000 Bitcoin support level at risk, underscoring the sensitivity of crypto prices to monetary‑policy outlooks.
Overall, the episode illustrates how macro‑economic expectations continue to shape cryptocurrency valuations. As the Fed's policy trajectory becomes clearer in the weeks ahead, market participants will likely monitor both the central bank’s language and the resilience of crypto price gains, particularly for assets that have only recently joined the broader rally.
Market Snapshot
| Asset | Price | 24h | Market Cap |
|---|---|---|---|
 Bitcoin BTC | $77,487 | -0.17% | $1556.1B |
 Ethereum ETH | $2,397 | -0.84% | $292.5B |
 BNB BNB | $692.55 | +0.66% | $92.2B |
 XRP XRP | $1.36 | +0.92% | $85.5B |
 Solana SOL | $100.37 | +0.22% | $58.8B |
 Dogecoin DOGE | $0.0826 | +0.93% | $12.9B |
 Cardano ADA | $0.206 | +3.88% | $7.7B |
Live data: CoinGecko — 2026-09-03 05:21 UTC
