Bitcoin climbed back above $77,500 during U.S. morning trading on September 3, 2026, with XRP leading the major-token pack as traders repriced the odds of a September Federal Reserve rate hik
Bitcoin climbed back above $77,500 during U.S. morning trading on September 3, 2026, with XRP leading the major-token pack as traders repriced the odds of a September Federal Reserve rate hike down to roughly 62%.
The largest cryptocurrency reclaimed the $77,500 level as softer Fed hike expectations reset risk appetite across digital assets. Bitcoin was changing hands at $77,935, up about 0.67% over 24 hours, with a market capitalization near $1.57 trillion. For related coverage, see Bitcoin Rises Above $65,000 Amid Renewed ETF Inflows.
Bitcoin spot price $77,935 Bitcoin traded above the headline's $77,500 threshold on September 3, 2026. Source: CoinGecko.The move sits against a policy backdrop that remains far from resolved, echoing the way Bitcoin trades on shifting Fed liquidity expectations rather than any single catalyst. For an asset class built on digital property rights, the read-through matters: rate expectations set the cost of holding non-yielding tokens across NFT collateral, PFP treasuries, and creator on-chain reserves alike. For related coverage, see U.S. sanctions Iranian maritime firm over Bitcoin payments.
XRP was the standout mover of the session, outperforming the rest of the large-cap field on a relative-strength basis rather than on any newly disclosed fundamental catalyst.
In the basket checked here, XRP rose 2.26% over 24 hours, ahead of BNB (+1.99%), SOL (+0.95%), TRX (+0.94%), Bitcoin (+0.67%), ETH (-0.43%), and HYPE (-0.37%). That leadership is basket-dependent: XRP led this specific set, but "majors" is not formally defined, so the outperformance is best read as relative session strength, not an outright claim over the entire market.
Risk appetite was constructive rather than euphoric, with the Crypto Fear and Greed Index printing 65, in "Greed" territory. That reading frames a market leaning into the softer-rate story without the retail mania that typically precedes the kind of leveraged unwind we have flagged around key liquidation zones.
Bitfinex analysts cautioned that the move higher in BTC still rests on fragile spot-market internals, citing rising exchange inflows, ETF outflows, and stalled stablecoin growth, per reporting on the session.
The repricing to about 62% hike odds is a market interpretation layered on top of an officially unresolved policy path. On July 29, 2026, the Federal Reserve held the target range for the federal funds rate at 3.5% to 3.75%, with three governors dissenting in favor of a 25-basis-point increase.
Fed target range 3.5%-3.75% The July 29, 2026 FOMC decision left rates at 3.5%-3.75%, the policy baseline for the September repricing narrative. Source: Federal Reserve.The tone entering the September 16 FOMC meeting stayed hawkish. On September 1, 2026, Vice Chair Michael Barr said he would support decisive action to raise rates if inflation failed to moderate sufficiently, according to his prepared remarks.
Lower hike odds ease the discount rate applied to speculative assets, which is why crypto tends to catch a bid when tightening bets fade, a dynamic that has repeated on prior Fed-driven risk swings. It is worth noting the exact 62% figure is confirmed through fetched reporting rather than an archived point-in-time CME capture, and the primary report's own URL slug still reads "near-66," a discrepancy that has not been independently reconciled.
The near-term watch list is straightforward: inflation prints and Fed commentary ahead of the September 16 decision, plus whether spot-market internals firm up enough to validate the bounce. For creators and NFT treasuries parked in BTC and ETH, a durable dovish repricing would lower the opportunity cost of on-chain reserves; a hawkish surprise at the meeting would test the fragile internals Bitfinex flagged.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
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