Bitcoin News Today: Rally Stalls as BTC Dips Below $113K Ahead of Fed Rate Call

Bitcoin (BTC) lost momentum in the Asia session, dropping 1.1% to $112,806 as traders trimmed risk positions before the Federal Reserve’s rate decision, cooling a recent rebound despite positive regional equity sentiment.

Market Snapshot and Asia Session Trends

The crypto market mirrored caution, with Ether (ETH) down 2.1% to $4,016 and Solana (SOL) falling 3.3% to $194.64, pushing total market cap to $3.8 trillion—a 1.4% decline. Volume trends highlighted a pullback, with BTC’s open interest easing amid rising whale outflows, signaling reduced leverage after last week’s $19 billion liquidation cascade from U.S.-China trade tensions.

Asia equities provided a counterpoint, with MSCI Asia ex-Japan edging higher, Japan’s Nikkei jumping 1% to records, and Korea’s Kospi hitting all-time highs on SK Hynix’s upbeat results as a key Nvidia supplier. This AI optimism carried over from Wall Street’s Microsoft-OpenAI deal, but futures into Europe and the US were mixed, with Nasdaq slightly firmer and Euro Stoxx 50 softer. The yen firmed 0.3% ahead of the Bank of Japan’s decision, where no change is expected.

Fed Rate Cut Looms as Markets Brace for Policy Signals

The Fed’s two-day FOMC meeting concludes today, with a 25 basis point cut to 4.50%-4.75% priced in at 97% probability. Chair Jerome Powell’s 2:00 PM ET announcement and 2:30 PM press conference will clarify the rate path and potential balance-sheet runoff slowdown, impacting liquidity. A dovish tone could restart Bitcoin bidding below $113,000, with analysts like Ryan Lee of Bitget predicting 5-10% short-term rallies in BTC and ETH if borrowing costs ease, rotating capital to altcoins like SOL and XRP.

2025 Outlook: $130K-$200K BTC Consensus

Analysts forecast BTC at $130K-$200K by year-end. Changelly sees $123,849 in October; CoinDCX $131,500. VanEck targets $180K-$200K on ETF momentum. For investors, how to buy Bitcoin via compliant platforms ensures entry. How to sell Bitcoin and how to cash out Bitcoin offer liquidity. Sell Bitcoin for cash and convert Bitcoin to cash enable fiat conversions.

Trading Strategy: Cautious Longs Amid Volatility

Short-term: Long above $113,000 targeting $115,000, stops at $111,200 (2% risk). Swing: Accumulate dips, staking for 5% APY. Watch Powell’s tone; below $112,000, exit.

In summary, Bitcoin’s Asia session stall and Fed rate call anticipation blend caution with upside potential for 2025’s market resilience.