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Crypto Rally Lifts Bitcoin Near $114,000 Ahead of Fed Decision

Softer inflation has traders leaning toward a rate cut this week.

Overview

  • Bitcoin traded around $112,800–$114,000 over the weekend as total crypto value climbed to roughly $3.7–$3.9 trillion.
  • The move followed US CPI at 3.0% for headline and core, which lifted rate‑cut expectations ahead of the FOMC, with one market account citing 98% odds.
  • Gains were broad, with tokens such as Hyperliquid, Virtuals Protocol, Zcash, and Aerodrome Finance up more than 10% in 24 hours.
  • Additional tailwinds cited included renewed institutional activity and reports of easing USChina trade tensions during President Trump’s Asia trip.
  • Analysts cautioned that Bitcoin faces resistance near key moving averages and noted profit‑taking by long‑term holders, with the FOMC decision and major earnings now in focus.