Traders Eye $120K Ahead of Key U.S. Personal Consumption Expenditure Inflation Report
Bitcoin is holding support at $109K ahead of the U.S. Personal Consumption Expenditure (PCE) inflation report, scheduled for release on September 26.


Bitcoin is holding support at $109K ahead of the U.S. Personal Consumption Expenditure (PCE) inflation report, scheduled for release on September 26.
According to a TradingView expert, Bitcoin’s bearish trend has already begun, and at the peak of the downward cycle, the coin’s price could fall to $61,000. On the crypto market, the analyst noticed a general weakening of the upward momentum, linked to a significant flow of free liquidity into Bitcoin — against the backdrop of changing sentiment among retail and corporate investors.
The crypto market is ending September in a state of uncertainty: Bitcoin is hovering in the $110,000–$115,000 range, and analysts debate whether the market is ready for a new wave of growth or another decline is ahead.
The decline in the prices of Bitcoin, Ethereum, and other digital assets triggered liquidations on the cryptocurrency futures market totaling nearly $1 billion.
The crypto market is facing the largest quarterly options expiration of 2025. The total nominal value of BTC and ETH contracts exceeds $21 billion, making the event a key stress test for the market amid macroeconomic uncertainty and signs of monetary policy easing by central banks.
Bitcoin dropped below $110,000 on Friday, marking a sharp weekly decline as crypto options worth about $22 billion expire and investor sentiment remains cautious ahead of key U.S. inflation data.
Over the past seven days, Bitcoin’s price has dropped from $117,851 to a weekly low of $111,068, marking a 5.5% decline.
Major global corporations continue to actively integrate cryptocurrencies into their treasury strategies. Alongside Bitcoin and Ethereum, interest in altcoins such as XRP, Solana, and BNB is also growing. The latest player in this field is Jiuzi Holdings, a Chinese company listed on Nasdaq and operating in the electric vehicle charging infrastructure sector.
Data from OpenAI’s artificial intelligence (AI) tool ChatGPT shows that in 2026, Bitcoin (BTC) and XRP will play different roles and, as a result, achieve different outcomes.
BTC and Ethereum traders remain optimistic about the market’s trajectory despite corrective moves this week that affected digital assets overall.
Investment bank and financial services provider Morgan Stanley has announced it will launch trading in Bitcoin, Ethereum, and Solana (SOL).
Bitcoin slipped slightly on Wednesday, extending a bearish trend triggered by a sharp wave of liquidations earlier this week, as traders weighed cautious remarks from Federal Reserve Chair Jerome Powell and awaited key U.S. inflation data.
According to data from SoSoValue, on Tuesday, September 23, the net outflow from 12 spot Bitcoin ETFs in the United States totaled $103.61 million. Over just two consecutive negative days, the funds lost nearly $467 million.
According to experts, the leading cryptocurrency has stabilized after a massive liquidation of positions that occurred on September 22. On that day, the total amount of closed positions exceeded $1.7 billion.
According to CEO Simon Gerovich, Metaplanet acquired additional BTC worth $2.7 billion at an average price of $106,065 per coin, bringing the total Bitcoin holdings to 25,555 BTC.
On Friday, Bitcoin’s mining difficulty, a metric reflecting the relative complexity of adding new blocks to the ledger, reached a new all-time high of 142.3 trillion.