Simply put
- Bitcoin was trading at $111,336, down 1.8% daily and 5.4% weekly, as investors awaited the release of PCE inflation data tomorrow.
- Of users in the forecast market, 61% expect BTC to fall to $105,000 before it reaches its new high, with sales pressures ranging from $115,000 to $119,000.
- The Fed rate cut odds will be 83.4% at next month’s meeting, but higher inflation could indicate more Hawkish’s policy and pressure crypto markets.
Bitcoin is hovering over $111,000 a day than new US inflation data, which plays a major role in determining whether the Federal Open Market Committee will cut interest rates for the second time in 2025.
The three analysts Decrypt spoke about differ in how the largest assets by market capitalization correspond to.
According to Crypto Price Aggregator Coingecko, Bitcoin recently dropped 1.8% at $111,336 and 1.8% at 5.4%, changing its 5.4%.
Malaise, which is BTC priced, has become a Myriad user. Decryption Parent company Dastan doubts that the world’s oldest cryptocurrency will soon see $125,000. As of Thursday morning, 61% of users believe BTC will fall to $105,000 before it reaches an all-time high.
“Tomorrow’s PCE print is important as it is the Fed’s inflation gauge. Crypto traders should monitor deviations from reading of 2.7-2.9% year-on-year.” Decryption. “Above-expected inflation could indicate more Hawkish Fed policies and risk-off sentiment that usually puts pressure on the crypto market.”
However, a cooler inflation reading than expected could lead to another interest rate cut. Bitcoin And the rest of the crypto market from recent retention patterns, Kenneth added.
Recent estimates from the Federal Reserve Bank of Cleveland show that economists predict that the Bureau of Labor Statistics’ core personal consumption expenditures will reach 2.99% of its range cap.
At the time of writing, investors believe there is an 83.4% chance that FOM will cut interest rates at the FOMC meeting next month, according to the CME FedWatch tool. In other words, the probability that the Fed leaves an unchanged rate is from 8.1% to 16.6% at the time of writing, doubled in a week.
“It’s interesting that the market appears to be expecting a large number, but digital assets are under pressure,” said John Glover, chief investment officer at Bitcoin lender LEDN. Decryption.
The sentiment and price drops in the crypto market have already led to some major liquidation last week.
“That seems clear from the weak long,” he said. “But there appears to be a lot of sales pressure between $115,000 and $119,000, so we might see some people making profits that seem to have reached the end of the Bull Run.”
Glover added that he believes that PCE prints could turn into “non-event” unless the actual numbers are surprised on both sides of the prediction.
said Dom Harz, co-founder of Bitcoin Defi Project Bob Decryption BTC photos are even more encouraging if you zoom out.
“At the end of the third quarter of 2025, Bitcoin’s stability above $110,000 is not a milestone in its price, but a crystallization of institutional trust in digital assets,” he said.
Daily report Newsletter
Start daily with top news articles now. Plus original features, podcasts, videos and more.