Bitcoin and altcoins have started to get dumped ahead of the expected critical data.

Uzmancoin
BTC-2,74%
ETH-1,96%

Bitcoin and altcoins experienced another drop today after a short-term recovery. Bitcoin, which reached 114k dollars yesterday, fell below 111k 500 dollars in the morning hours coinciding with the Asian session. Losses were even greater in altcoins, especially Ether.

The markets are waiting for two important data points.

This wave of selling in the cryptocurrency market is observed as critical economic data approaches that will shape the interest rate policy of the American central bank, the Fed. The markets are awaiting the U.S. Gross Domestic Product (GDP) data today, and tomorrow the Personal Consumption Expenditures Price Index (PCE), which is the inflation indicator that the Fed places the most importance on, will be announced. The data could be decisive in determining whether the Fed will accelerate or slow down its interest rate cuts. According to CME FedWatch, the current market pricing indicates that the Fed will lower its interest rate to the 3.5 - 4 percent range by the end of 2025.

Whale sales gained momentum

On the other hand, investments made in (ETF) for exchange-traded funds have also weakened recently. Despite Bitcoin spot ETFs receiving a net investment of 241 million dollars yesterday, they are down 225 million dollars on a weekly basis. It is estimated that the sales made by some large investors have also contributed to the decline of Bitcoin. Blockchain data shows that the sales of this group have gained momentum and reached the fastest phase of the cycle.

According to experts, it will be critical whether Bitcoin can hold at the support of 111 thousand dollars and ETH at 4 thousand dollars in the short term. As of 12:45, Bitcoin is finding buyers at 111 thousand 800 dollars, while Ether is at 4 thousand 35 dollars.

Published: September 25, 2025 12:53

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

In the past 24 hours, the entire network experienced liquidations of $214 million, with long positions accounting for over 80%.

Gate News reports, on March 27, according to CoinAnk data, the total liquidation across the network in the past 24 hours was $214 million, with long positions liquidated at approximately $178 million and short positions liquidated at about $36.52 million. By cryptocurrency type, Bitcoin liquidations were approximately $81.21 million, Ethereum liquidations were about $38.67 million, and SOL liquidations were around $10.53 million.

GateNews5m ago

Bitcoin whales bought an additional 61,000 BTC in a month amid global instability.

Big investors are accumulating Bitcoin amidst geopolitical tensions and macroeconomic instability, with large wallets adding over 61,000 BTC in a month. While some retail investors are also participating, the market sentiment remains fearful. The trend of withdrawing BTC from exchanges suggests a preference for storage rather than selling, which could reduce supply pressure. Despite this, some whales are opting to sell during price fluctuations, indicating a lack of consensus in the market.

TapChiBitcoin16m ago

Bitcoin Drops Again as Bhutan Transfers More BTC and US Mulls Sending 10,000 Troops in Iran

Bitcoin’s price slipped once again on Friday morning, dropping to a multi-day low of $67,500 after it was rejected at nearly $69,000 hours ago. This means that the asset has lost approximately $4,500 in just a couple of days, as it peaked at $72,000 on Wednesday. The latest daily dip comes as the

CryptoPotato18m ago

Crypto Market Drops As $BTC and $ETH Fall With Persisting Fear Index

The global crypto market is experiencing a downturn, with a total market cap of $2.36T and significant declines in Bitcoin and Ethereum prices. Major gainers like Black Phoenix have surged dramatically. DeFi and NFT sectors are also seeing decreases, alongside regulatory actions in India and the UK.

BlockChainReporter23m ago
Comment
0/400
No comments