As Wall Street turns bullish and September anxieties fade, Bitcoin rises over six percent to near eighty-six thousand dollars. Analysts debate whether the cryptocurrency will maintain its correlation with the broader stock market rally.

Fundstrat head of research Tom Lee predicts a powerful face-ripping stock market rally driven by cooling oil prices, declining Treasury yields, a potentially softer Federal Reserve stance, and widespread oversold conditions.

USD/JPY faces persistent downward pressure as a strengthening Japanese yen and anticipated Bank of Japan tightening place the critical 152 support zone in focus amid shifting global monetary policies.

XRP advanced toward $1.50 as daily token deposits on Binance surged by 663%. Despite the massive influx, exchange reserves remained stable with almost no selling, while whale investors aggressively accumulated billions of tokens.