Crypto market adds $135B after dovish Fed signal

The broader crypto market turned sharply higher, adding more than $135 billion in total market capitalization over the past 24 hours.
The move followed comments from Federal Reserve Governor Christopher Waller indicating that he could support holding rates unchanged in September.
The reaction shows how sensitive digital assets remain to shifts in monetary-policy expectations, with reduced tightening risk providing immediate support to liquidity-sensitive assets.
A sustained improvement in rate expectations could continue to support crypto, although positioning remains vulnerable to reversals if incoming macro data changes the policy outlook.