News View Non-AMP

Why Bitcoin Price Is Up Today

Published by
Rizwan Ansari

Worlds largest cryptocurrency by market cap Bitcoin is in the spotlight again after, climbing above $115,500 with a daily gain of about 2.5%. This move is not random, it reflects a mix of economic signals, investor behavior, and technical patterns that are fueling optimism. 

Let’s break down what’s driving today’s rally.

Cooling Inflation Sparks Optimism

One of the biggest reasons behind Bitcoin’s surge is the latest U.S. inflation data. The Producer Price Index (PPI) came in at 2.6% year-over-year, much lower than the expected 3.3%. 

This suggests that inflation is cooling, and investors immediately shifted toward risk assets like Bitcoin. 

While the U.S. dollar inflation rate sits around 2.7%, Bitcoin’s own inflation is only 0.8–0.9%, making it more attractive in the eyes of long-term holders.

ETFs Show Big Institutional Demand

Another important factor is the surge of inflows into spot Bitcoin ETFs. On September 10 and 11, U.S. ETFs recorded $742 million and $186.5 million in inflows, one of the strongest buying streaks in weeks.

These consistent inflows show that large investors are not exiting but steadily accumulating Bitcoin. ETFs now represent 3.7% of the total crypto market cap, providing a solid liquidity floor that supports price growth.

Fed Rate Cuts Around the Corner

With just five days left before the Fed’s rate cut decision, market data now shows a 100% chance of cuts, with some even expecting a larger 50bps move. Such easing is usually positive for risk assets, as it lowers borrowing costs and makes Bitcoin more appealing.

At the same time, the U.S. dollar index is weakening, making Bitcoin cheaper for international buyers. Combined with stronger correlations to equities, Bitcoin is benefiting from a broader wave of risk-on sentiment.

Technical Signals Point Higher

After weeks of consllidating below $112k, Bitcoin’s recent rally has pushed it past the $115,000 resistance after several failed attempts. Adding to the optimism, a MACD golden cross has formed on the daily chart, a signal that last time led to a 40% surge in price.

If history repeats, Bitcoin could be on track to test $160,000 in the coming months. Some, like Tom Lee of Bitmine, even see the possibility of $200,000 by 2025 if rate cuts stay in play.

Rizwan Ansari

Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

Crypto Market Today [Live] Updates On October 30

October 30, 2025 05:57:44 UTC YZi Labs Leads $11M Seed Round in AI Startup VideoTutor…

October 30, 2025

Crypto Regulation News: Hong Kong Blocks Firms from Becoming Digital Asset Treasuries

Hong Kong’s financial regulators are taking a firm stance against companies trying to operate solely…

October 30, 2025

Bitcoin Price Rally at Risk: What a Drop Below $108,000 Could Mean for the Next Market Move

Bitcoin price dropping below $108,000 has left traders questioning whether the rally is losing steam…

October 30, 2025

ClockSwap Launches The First Anonymous Monero P2P Market

Clockswap, a decentralized crypto swap platform known for fast and private asset exchanges, has launched…

October 30, 2025

Pi Network News: Token Surges 30% As Pi Ventures Makes Its First Investment

Pi Network Ventures has made its first official investment, backing OpenMind, a company developing a…

October 30, 2025

Mastercard Bets Big on Stablecoin Market Via Potential Acquisition of Zerohash Valued at Near $2 Billion

Mastercard Inc. (NYSE: MA) is eyeing to expand the stablecoin market through an intended acquisition…

October 30, 2025