Bitcoin Breaks $114K as Fed Rate Cut Speculation Builds
The post Bitcoin Breaks $114K as Fed Rate Cut Speculation Builds appeared on BitcoinEthereumNews.com.
Bitcoin Analysis Bitcoin has surged past $114,000, building momentum on positive macroeconomic signals and renewed investor confidence. At the time of writing, BTC trades at $114,244 with a market cap of $2.27 trillion, marking a 2.28% gain over the past seven days. Inflation Data Supports Risk Appetite The rally comes after the latest U.S. Producer Price Index (PPI) showed a cooling in wholesale inflation, easing concerns about persistent price pressures. The softer data has strengthened expectations that the Federal Reserve may move toward rate cuts in its upcoming meetings, creating a supportive backdrop for risk assets like Bitcoin. Technical Signals Turn Bullish On the hourly chart, BTC broke through resistance near $113,400, with the RSI briefly touching overbought levels at 76. The MACD also flashed a bullish crossover, signaling potential for further upside if momentum holds. Analysts note that the combination of improving inflation data and Fed rate cut anticipation could sustain Bitcoin’s current uptrend. If Bitcoin maintains its footing above $114,000, the next resistance zone lies near $117,000, while support has formed around $110,000. Market sentiment remains cautious but increasingly tilted toward optimism as macro and technical factors align in favor of the bulls. The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His…
Filed under: News - @ September 10, 2025 3:34 pm