Bitcoin and altcoins experienced another drop today after a short-term recovery. Bitcoin, which reached 114k dollars yesterday, fell below 111k 500 dollars in the morning hours coinciding with the Asian session. Losses were even greater in altcoins, especially Ether.
The markets are waiting for two important data points.
This wave of selling in the cryptocurrency market is observed as critical economic data approaches that will shape the interest rate policy of the American central bank, the Fed. The markets are awaiting the U.S. Gross Domestic Product (GDP) data today, and tomorrow the Personal Consumption Expenditures Price Index (PCE), which is the inflation indicator that the Fed places the most importance on, will be announced. The data could be decisive in determining whether the Fed will accelerate or slow down its interest rate cuts. According to CME FedWatch, the current market pricing indicates that the Fed will lower its interest rate to the 3.5 - 4 percent range by the end of 2025.
Whale sales gained momentum
On the other hand, investments made in (ETF) for exchange-traded funds have also weakened recently. Despite Bitcoin spot ETFs receiving a net investment of 241 million dollars yesterday, they are down 225 million dollars on a weekly basis. It is estimated that the sales made by some large investors have also contributed to the decline of Bitcoin. Blockchain data shows that the sales of this group have gained momentum and reached the fastest phase of the cycle.
According to experts, it will be critical whether Bitcoin can hold at the support of 111 thousand dollars and ETH at 4 thousand dollars in the short term. As of 12:45, Bitcoin is finding buyers at 111 thousand 800 dollars, while Ether is at 4 thousand 35 dollars.
Published: September 25, 2025 12:53
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC drops below 73,000 USDT
Gate News bot message: According to Gate market data, BTC has broken below 73000 USDT, currently trading at 72990.7 USDT.
CryptoRadar1m ago
BTC 15-minute decline of 0.48%: Selling pressure and liquidity shifts amplify global volatility
2026-03-18 11:15 to 11:30 (UTC), BTC recorded a -0.48% return within 15 minutes, with a price range of 73570.9 to 74008.0 USDT, and amplitude reaching 0.59%. The market exhibited increased volatility characteristics during this period, drawing investor attention to the causes of short-term movements.
The main driving force behind this movement is the release of short-term selling pressure and changes in liquidity. If large-scale BTC transfers occur on-chain, and spot and futures trading volumes surge, it may trigger short-term market selling, especially in the context of sell-side dominance and weakened order book liquidity.
GateNews6m ago
Bitcoin and Gold Correlation Coefficient Drops to -0.88, Reaching Lowest Level Since November 2022
Gate News reports that on March 18, CryptoQuant data showed the correlation coefficient between Bitcoin and gold dropped to -0.88, hitting a new low since November 2022. The data indicates a strong negative correlation between the two, with Bitcoin's price rising to $74,000 while gold experienced a slight decline.
GateNews37m ago
Royal Government of Bhutan Moves 973 BTC in Latest Treasury Activity
Bhutan transferred 973 BTC worth approximately $72.3 million, aligning with its ongoing treasury management strategy. The state-owned Druk Holding & Investments conducted the transactions without impacting bitcoin's market price. Mining activities may have slowed recently.
Coinpedia40m ago
Whale Address "bc1qf" Withdraws 500 BTC from Certain CEX Again, Total Holdings Exceed 31,000 BTC
Gate News reports that on March 18, Onchain Lens monitoring detected a whale address "bc1qf" withdrawing 500.78 BTC from a CEX again, valued at approximately $37.16 million. The address currently holds a total of 3135.54 BTC, worth approximately $232.5 million by market value.
GateNews57m ago
BTC drops below $74,000, with an intraday increase of 0.10%
Gate News report: On March 18, BTC price broke below the $74,000 mark, with intraday gains currently at 0.10%.
GateNews57m ago
