Bitcoin surged past the $80,000 milestone on Thursday (September 3), driven by a combination of dovish signals from Federal Reserve officials and signs of a cooling labor market, triggering a broad rally in US crypto-linked equities. Strategy (MSTR), which holds a substantial Bitcoin position on its balance sheet, climbed more than 12% intraday, while online trading platform Robinhood (HOOD) soared over 15%, making the sector one of the day’s standout performers.

The primary catalyst behind the rally was public remarks from Federal Reserve Governor Christopher Waller. Speaking at a virtual event, Waller indicated that recent data finally showed signs of the “disinflationary process” resuming, and that if upcoming indicators over the…