Bitcoin Back Above $77,500 as XRP Leads Majors on Lower Fed Hike Odds

Bitcoin reclaimed the $77,500 level on Sept. 3, with XRP leading major tokens higher, as traders repriced Federal Reserve rate-hike odds down to 62%.

Bitcoin reclaims $77,500 as macro pressure eases

Bitcoin moved back above $77,500 as softer rate-hike expectations lifted risk appetite across the majors, CoinDesk reported. The bounce followed a session in which macro policy expectations, rather than crypto-specific catalysts, set the tone. For related coverage, see Bitcoin Stuck Between $75K and $80K Before $6.4B Options Expiry.

The move tracks a shift in Fed hike odds to 62%, a level that eased perceived tightening risk and gave crypto bids room to firm. Lower odds of an additional hike typically reduce pressure on long-duration and risk assets, Bitcoin included. For related coverage, see Strive raises funds to acquire 210 Bitcoin as treasury tops 21,000 BTC.

The rebound comes after weeks of range-bound trade, with Bitcoin recently stuck between $75K and $80K around a large options expiry. The reclaim of $77,500 puts it back in the upper half of that band. For related coverage, see Pi Network (PI) Rally Fades as Bitcoin (BTC) Drops Below $63K Again.

Why XRP is leading majors in the rebound

XRP led the major tokens on the day, according to the same CoinDesk market coverage that tracked XRP among the movers during the prior risk swing. Its outperformance signals the rally extended beyond Bitcoin into large-cap altcoins.

The contrast is notable: Bitcoin reclaimed a technical level while XRP outpaced the broader field, a cross-market pattern that points to improving sentiment rather than a single-asset bounce. No confirmed percentage gains for XRP were available in the session data.

What lower Fed hike odds mean for near-term sentiment

At 62%, hike odds remain elevated but are easing, keeping macro policy the dominant lens for crypto positioning. The reaction in Bitcoin and XRP reflects that repricing more than any structural change in the assets themselves.

Fed messaging remains the swing factor. Bitcoin has repeatedly stalled on hawkish Fed commentary, and Chair Kevin Warsh’s Aug. 28 remarks on inflation remain a reference point for how policy expectations could shift again.

Macro sensitivity has cut both ways. Bitcoin has also come under pressure when the 30-year Treasury yield topped 5%, underlining how tightly crypto is trading with rate expectations right now.

What to watch next: whether Bitcoin holds above $77,500 as support, whether XRP sustains its lead over other majors, and any further move in Fed hike odds away from the current 62% reading in the next 24 to 72 hours.

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.