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Showing posts with the label interest rate cut

Bitcoin Price Prediction: BTC Breaks $115K As Over Half A Billion Dollars Return To Spot Bitcoin ETFs Amid Growing Interest Rate Cut Optimism

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The Bitcoin price rose over 1% in the past 24 hours to trade at $115,025 as of 3:49 a.m. EST, as over half a billion dollars returned to spot BTC exchange-traded funds (ETFs) amid growing interest rate cut optimism. Spot Bitcoin ETFs in the US recorded a total daily net inflow of $552.7 million, according to Coinglass, as institutional investors turn to BTC in a renewed wave of confidence.  BlackRock’s IBIT led what is the fourth day of consecutive positive flows with $36.2 million, followed by $134.7 million into Fidelity’s FBTC. Meanwhile, investors are now watching the Federal Open Market Committee Meeting (FOMC) on Sept. 16, with growing optimism of an interest rate cut. 𝗝𝗨𝗦𝗧 𝗜𝗡: US CPI comes in at 2.9%, as expected. Rate cuts are confirmed! pic.twitter.com/iiEVtDi5AK — Lark Davis (@TheCryptoLark) September 11, 2025 CME’s FedWatch tool shows a 92.7% odds of a 25 basis point rate cut, while chance...

Ripple: Analyst Predicts XRP To Hit $2

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Ripple’s XRP token has finally overcome the $0.60 level, a barrier the asset had struggled to break for most of this year. XRP is up 7.1% in the daily charts, 27.9% in the weekly charts, 37.4% in the 14-day charts, and 30.4% over the previous month. The asset’s price has also risen by 7.2% since November 2023. Also Read: BlackRock’s BUIDL Expands: Blockchain Revolution in Full Swing Source: CoinGecko Why Is XRP Rallying? Ripple’s XRP token’s latest rally follows on the heels of Bitcoin (BTC) hitting a new all-time high of $93,477.11 on Nov. 13, 2024. The market-wide rally is likely due to Donald Trump winning the 2024 US Presidential election. Market participants expect lenient crypto regulations under Trump’s administration due to hit pro-crypto and pro-business policies. Also Read: Currency: US Dollar Hits One-year High Another factor that may have helped XRP’s price is the possibility of an interest rate cut later this month. Experts anticipate a 2...