Bitcoin News Today: Bitcoin Surges Past $114K on Seasonal Trends and Institutional Backing

Bitcoin surged above $114,000 on September 29, 2025, reversing a sharp decline from the prior week and aligning with historical seasonal trends. The rally, driven by institutional support above the $110,000 level and lower global interest rates, mirrored gains in gold and equities, with both assets hitting record highs. October and November have historically been strong months for Bitcoin, averaging 22% and 46% gains respectively since 2013, a pattern analysts attribute to shifting macroeconomic sentiment and reduced volatility after a traditionally weak SeptemberCoindesk^[1].

The price rebound coincided with a broader market recovery, as the total crypto market cap surpassed $4 trillion, up 3.2% in 24 hours. Institutional activity and positive regulatory signals, including potential approvals for altcoin-based ETFs, bolstered confidence. Meanwhile, gold extended its record streak to 38 all-time highs in 2025, with investors seeking diversification amid concerns over traditional fixed-income returns. Wall Street firms like BlackRock and Simplify Asset Management introduced income-generating strategies for gold and Bitcoin ETFs, blending safe-haven appeal with yield-seeking opportunitiesCNBC^[3].

Technical factors also played a role in Bitcoin’s ascent. A CME futures gap between $110,990 and $111,355 emerged after a sharp price rebound, creating a potential magnet for retracement. On-chain data showed concentrated liquidation pockets near $111,000 and $110,000, suggesting short-term volatility if Bitcoin fails to consolidate above $112,000. Analysts like Nic Puckrin of Coin Bureau emphasized the need for a pullback to solidify the rally, while others noted that filling the CME gap could trigger further upside toward $116,000–$117,000Invezz^[2].

Macroeconomic uncertainty loomed over the market, with the U.S. Federal Reserve’s upcoming policy decisions and a potential government shutdown complicating data releases. A delayed jobs report could delay clarity on rate-cut expectations, which have been pivotal for risk assets. Cleveland Fed’s Beth Hammack highlighted persistent inflation concerns, noting that headline and core metrics remained above the 2% target for over four years, adding caution to the bullish narrativeInvezz^[2].

Bitcoin’s rally also coincided with increased ETF inflows, with September seeing the highest eight-week inflows for Bitcoin-focused funds. The SEC’s recent approval of in-kind creation and redemption processes for crypto ETFs improved liquidity, reducing transaction costs for institutional participants. This development, coupled with the GENIUS Act’s stablecoin regulations and the CLARITY Act’s jurisdictional framework, signaled a maturing regulatory environmentVTrader^[4].

Despite the optimism, risks remain. A prolonged government shutdown could disrupt key economic data, while regulatory divergence between the SEC and CFTC—though recently addressed through joint harmonization efforts—still poses execution risks for market participants. Additionally, the CME gap and liquidation clusters near $111,000 highlight the need for caution ahead of potential volatility.