Bitcoin hovers just below $116,300 ahead of today’s FOMC decision, with $117,000 forming a critical liquidity cluster.
Spot ETF flows remain supportive, with Bitcoin ETFs logging $292 million in inflows on September 16, marking seven straight days of net buying.
Ethereum ETFs broke their streak with $61.74 million in outflows, highlighting a divergence in institutional appetite.
On-chain data indicates that short-term holders are regaining profitability, but a failure to maintain the $111.8k–$114.2k cost basis post-FOMC could spark a “sell the news” correction.
Escalating US-Venezuela tensions and Powell’s remarks risk amplifying volatility across the cryptocurrency and risk asset markets.
Beijing expands its crypto crackdown, while Hong Kong defies the mainland by preparing to issue stablecoin licenses in March, raising questions about regulatory autonomy and US dollar dominance in digital finance.
