Loosening of inflation handling boosts Bitcoin in line with expectations that the Fed would inadvertently support safe havens with its decision.
Source: https://cointelegraph.com/news/bitcoin-price-hits-116k-as-fed-says-it-will-let-inflation-pass-2
Bitcoin price hits $11.6K as Fed says it will let inflation pass 2%
August 27, 2020
CoinTelegraph