Bitcoin News Today: As Fed Watch Strengthens, Bitcoin’s Institutional Control Tests $110,000
Source: CoinWorld
Time: 2025-09-08 08:53:41
Amid the backdrop of ETF capital inflows and profit-taking, Bitcoin hovers around $110,751, and institutional increase was offset by sell-offs by long-term holders. The number of initial jobless claims in the United States rose to 237,000, aggravated expectations of the Federal Reserve's interest rate cut and once pushed Bitcoin above $113,200. Leading with BlackRock's IBIT, ETFs have inflowed $1.3 billion, but some funds are also facing outflows. Analysts have disputed the cyclical peak in the fourth quarter of 2025, while the technical pattern shows resistance at $113,400, and if the bullish momentum continues, the potential target will rise to $231,000.