The post FTSE 100 News: Bitcoin Retraces Below $112,500 appeared on BitcoinEthereumNews.com.

Crypto News 24 September 2025 | 14:50 The FTSE 100 opened cautiously higher today, while crypto markets took a different tone with Bitcoin slipping below the $112,500 support line. Yet while traders eye whether the crypto king can rebound, attention is turning to Remittix, the PayFi altcoin already raising over $26.4 million through 669 million tokens at $0.1130 each. Analysts now suggest RTX could rally 30% by the weekend, positioning it as one of the top cryptos to buy now. Bitcoin Under Pressure As Key Levels Tested Source: TradingView Bitcoin is trading near $112,900 after sharp swings in the last 24 hours, with lows touching $111,478. Market watchers are calling $112,000 the make-or-break level, as holding this support could spark a bounce back to $115,000. Failing to do so risks opening the door to a drop toward the $100,000–$102,000 region. The 100-day EMA near $111,876 has become a battleground. Historically, this level has acted as a springboard for rallies, but losing it could spell deeper declines. The Short-Term Holder Cost Basis Model at $111,400 reinforces the importance of defending current prices. With liquidity cleared above $124,000 and below $112,000, traders see this range as an orderbook reset that could shape Bitcoin’s next big move. FTSE 100 Holds Firm Despite Macro Uncertainty Source: TradingView In equity markets, the FTSE 100 is set to finish marginally higher, lagging other European indexes. Kingfisher led gains with strong big-ticket sales, while Land Securities and Smiths also impressed. Raspberry Pi, however, declined after weak results. UK PMI data showed a fifth month of expansion but the slowest pace since May, raising concerns about sticky inflation. While budget measures like shifting tax burdens away from workers are debated, the OECD expects the UK to be the second-fastest-growing G-7 economy this year. Remittix Price Prediction: Why RTX…

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Filed under: News - @ September 24, 2025 12:28 pm