Morning Minute: Crypto Stages Major Rally on Rate Hopes

Cryptocurrencies experienced a major rally as Bitcoin surged 6.8% to a four-month high near $82,200. This growth followed signals from Fed Governor Waller regarding steady rates, while spot ETFs absorbed $731M in net inflows. Additionally, HYPE and ZEC reached new ATHs during this onchain rally. Market participants are now questioning if this surge represents the first stage of the next leg up for the broader digital asset market following these positive macroeconomic signals.