Bitcoin News

Story: Bitcoin Holds Near $110,000 as Fed Rate Cut Looms, Analysts Remain Cautious

By Evie Vavasseur

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Bitcoin Price Consolidates Around $110,000. Bitcoin’s price edged slightly higher to $111,074 in early Monday trading, according to data from…

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Analysts: Profit-Taking and Flat ETF Flows Limit Upside. Rachael Lucas, a crypto analyst at BTC Markets, said that while a weaker jobs report is normally…

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ETF Inflows Slow After Record Summer. Both Bitcoin and Ethereum exchange-traded funds (ETFs) saw weaker flows in early September…

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Key Levels to Watch. Lucas pointed to $110,000 as the most important support level in the current structure.

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Fed Decision and Macro Drivers in Focus. The Federal Reserve’s decision on September 17 is widely seen as the next major catalyst for…

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Outlook: Constructive but Cautious. For now, Bitcoin appears stable but directionless. Stronger liquidity inflows or a decisive break…

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Bitcoin is trading in a tight range around $110,000 ahead of the U.S. Federal Reserve’s upcoming interest rate decision. While weaker U.S.

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Bitcoin’s price edged slightly higher to $111,074 in early Monday trading, according to data from The Block. The move represents a modest 0.

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The consolidation comes as traders weigh the outlook for U.S. monetary policy. August nonfarm payrolls showed just 22,000 jobs added, far below the 75,000 expected.

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The CME FedWatch Tool shows markets fully expect a 25-basis-point cut, with a small 10% probability of a deeper 50-basis-point reduction.

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Rachael Lucas, a crypto analyst at BTC Markets, said that while a weaker jobs report is normally supportive for risk assets, current conditions have restrained Bitcoin’s upside.

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“The market had already priced in some degree of policy easing,” Lucas explained. “At the same time, we’re seeing institutional desks take profits, while ETF flows have remained…

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Vincent Liu, CIO at Kronos Research, echoed the cautious tone. He noted that even if the Fed cuts rates, Bitcoin may not rally significantly without stronger liquidity inflows.

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“A cut could also be interpreted as a sign of economic weakness,” Liu said. “Sticky inflation and cautious investor sentiment limit risk appetite.

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Both Bitcoin and Ethereum exchange-traded funds (ETFs) saw weaker flows in early September compared to July and August, when inflows reached record highs.

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