Bitcoin News Today: Bitcoin Holds Steady as Fed Watchers Ponder Rate Cut Impact

Bitcoin’s price remains near $110,000 as the U.S. Federal Reserve prepares to make its next interest rate decision on September 17, 2025. Despite a weak August jobs report that fueled expectations of further rate cuts, the digital asset has seen only modest gains. Nonfarm payrolls added just 22,000 jobs, far below the projected 75,000, pushing traders to increasingly price in rate reductions for the remainder of the year. However, analysts suggest that the market has already priced in some of this easing, and institutional profit-taking is limiting upward momentum [2].

The U.S. spot Bitcoin ETF market has seen mixed activity. For the week ending September 6, ETFs registered net inflows of $250.3 million, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the way with $434.3 million in inflows, expanding its assets under management to nearly $58.6 billion. Fidelity’s FBTC and Grayscale’s Bitcoin Mini Trust also reported positive flows, but these were offset by outflows from other ETFs like ARKB and BITB. In contrast, Ethereum-based ETFs recorded a net outflow of $766.3 million, highlighting a growing divergence in investor sentiment between Bitcoin and other cryptocurrencies [2].

Bitcoin’s price stability is attributed to key support and resistance levels. Analysts have identified $110,000 as a crucial support line, and as long as it holds, the market structure remains favorable. Resistance levels lie at $113,400, $115,400, and $117,100, and a break above these levels could signal a resumption of bullish momentum. On-chain metrics, such as declining exchange balances, suggest reduced near-term selling pressure, but volatility remains high as markets await further clarity on the Fed’s policy direction [2].

Market participants are also watching for regulatory developments, particularly from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which could influence the structure of the ETF market. Meanwhile, corporate treasury allocations into Bitcoin ETFs are gaining traction. Figma, for instance, has allocated $91 million, or 5.7% of its treasury, into Bitcoin ETFs following its July IPO, signaling growing institutional confidence in regulated digital assets. However, the stock’s 20% sell-off following the announcement underscores lingering skepticism around corporate exposure to crypto [2].

While Bitcoin ETF inflows remain positive, the asset’s performance relative to gold and equities has raised questions about its role as a “digital gold.” Gold has surged above $3,600, driven by safe-haven demand and concerns over the Fed’s independence. Bitcoin’s price, meanwhile, remains 2% below its peak of $123,731 as of August 14. Analysts from Santiment note that BTC typically lags equities and safe havens during periods of macroeconomic stress but may “catch up” if ETF inflows continue [2]. The broader market backdrop, characterized by stagflationary risks and shifting investor preferences, suggests Bitcoin’s near-term direction will remain closely tied to macroeconomic and regulatory developments.

Source: [1] Gold Climbs to Fresh Record After Bets on Fed Rate Cuts Surge (https://finance.yahoo.com/news/gold-steadies-near-record-high-225421182.html) [2] Bitcoin (BTC-USD) ETF Inflows Hit $250M as Price Holds $110K (https://www.tradingnews.com/news/bitcoin-btc-usd-etf-inflows-top-250m-usd) [3] Bitcoin Holds Near $110K as Fed Rate Cut Looms (https://bitbo.io/news/bitcoin-fed-rate-cut/) [4] BTC to EUR: Bitcoin Price in Euro (https://www.coingecko.com/en/coins/bitcoin/eur)