Bitcoin rebounded above $81,100, sparking a broad risk-on move and more than $500M in liquidations across 119,000 traders. BTC ETFs saw $731M in net inflows, their strongest day since January. Major crypto assets also rose: XRP led with 7.8%, BNB and Solana gained about 5%, Ethereum climbed 4.7% to $2,497, and Zcash hit a new high near $1,000. Smaller tokens outperformed even more, with PONS up 56%, Lighter up 16.8%, Ethena up 13.6%, Arbitrum up 12%, and SPX6900 up 13.2%. Markets recovered a week of losses, but the rally still depends on today’s August jobs report, which may shape expectations for the Fed’s September meeting and determine whether the risk-on move continues.