Bitcoin's trading remains calm near $111,000, reflecting a market poised for upcoming U.S. inflation data (CPI) and the Federal Reserve's rate decision. Traders are predicting an 82% chance of a 25-basis-point cut by the Fed on September 17, leading to expectations of volatility returning post-data release. This tension is accompanied by a rise in gold prices, reaching record highs as investors anticipate lower interest rates. U.S. stocks have also been performing well, closing at record levels despite a significant payroll revision that removed 911,000 jobs from previous estimates. The article highlights that the absence of volatility in cryptocurrencies, including Bitcoin, is typically temporary, setting the stage for potential sharp price movements following key economic announcements. Investors are particularly interested in whether sidelined cash will flow into digital assets following these events, possibly catalyzing a resurgence in volatility within the crypto market.

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