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Bitcoin awaits Fed's next move 🔮

Bitcoin awaits Fed's next move 🔮

Bitcoin bounced back over $114,000 Thursday morning, despite August inflation rising to 2.9%—pointing to a smaller-than-anticipated Fed rate cut.

Stephen Graves
September 11, 2025

📝 What you need to know

Bitcoin topped $114,000 Thursday morning for the first time since August 24, as inflows to U.S. spot Bitcoin ETFs surged to an eight-week high. Its upward momentum came in spite of the Bureau of Labor Statistics’ latest data indicating that inflation over the past 12 months has gone up to 2.9%, pulling away from the Fed’s preferred 2% target.

That, in turn, suggests that the Fed’s expected rate cut will be smaller than anticipated. Users on Myriad, the prediction market owned by Decrypt’s parent company DASTAN, remain optimistic, putting an 82% chance on a 25bps cut and a 13% chance on a 50bpts cut, on the heels of yesterday’s softer-than-expected PPI print.

Bitcoin Holds Near $114K as US Inflation Rises to 2.9%

Bitcoin remains flat near $114K as August inflation accelerates to 2.9%, reducing expectations for aggressive Fed rate cuts.

Bitcoin Price Breaches $114K as ETF Inflows Hit 8-Week High

Experts attributed Bitcoin’s rise and massive ETF influx to investor speculation ahead of key macroeconomic events.

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📊 Myriad Market of the Day

Exactly two FED rate changes in 2025?

Trade "Exactly two FED rate changes in 2025?" on Myriad

😂 Meme of the Day

Source: Reddit

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With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

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From our partner

Gate and Decrypt to bring you Token of Love Music Festival around Token2049

The Token of Love Music Festival, titled by Gate and featuring Decrypt as a key partner, will take place in Singapore on October 1, 2025. The event boasts an all-star lineup including K-pop icon HyunA, U.S. rapper SUECO (known for viral hits “Fast” and “Paralyzed”), popular rock band CLICK#15, and history-making DJ KAKA—the first female artist to enter DJ Mag’s Top 100.

📚 Watch and Learn

📹️ WATCH: Chainlink Co-Founder Teases Future Collabs with Trump Admin

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A growing number of companies are using Bitcoin to diversify their holdings and signal forward-thinking financial strategies.

Interested in partnering with Decrypt? Find out more here.