{"id":118347,"date":"2025-09-02T17:11:24","date_gmt":"2025-09-02T13:11:24","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118347"},"modified":"2025-09-02T17:11:28","modified_gmt":"2025-09-02T13:11:28","slug":"bitcoin-rebounds-above-110000-as-fed-easing-bets-grow","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-rebounds-above-110000-as-fed-easing-bets-grow\/09\/02\/market-updates\/","title":{"rendered":"Bitcoin Rebounds Above $110,000 as Fed Easing Bets Grow"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Bitcoin staged a recovery on Tuesday, bouncing back above the $110,000 mark amid rising expectations that the Federal Reserve will cut interest rates this month. Traders, however, remain cautious ahead of the all-important U.S. jobs report due later this week.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bitcoin Rebounds Amid Fed Rate Cut Bets<\/h3>\n\n\n\n<p>As of <strong>02:12 ET (06:12 GMT)<\/strong>, Bitcoin traded <strong>2% higher at $110,278.3<\/strong>, after swinging between <strong>$107,274 and $109,243<\/strong> in volatile Asian session trading. Despite this rebound, the token is still down nearly <strong>12% from its mid-August record peak above $124,000<\/strong>.<\/p>\n\n\n\n<p>Market sentiment has been buoyed by <strong>Fed Chair Jerome Powell\u2019s remarks<\/strong> at Jackson Hole, where he flagged risks from a cooling labor market and left the door open to a <strong>September rate cut<\/strong>. According to CME FedWatch, traders now price in an <strong>89% probability of a 25-basis-point cut<\/strong> at the September 16\u201317 meeting.<\/p>\n\n\n\n<p>The focus now shifts to <strong>Friday\u2019s nonfarm payrolls report for August<\/strong>, which economists expect to show moderating job gains. A weaker-than-expected print could cement Fed easing bets and extend Bitcoin\u2019s rebound, while a stronger figure may temper expectations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Dollar Weakness Supports Alternative Assets<\/h3>\n\n\n\n<p>A softer U.S. dollar also lent support to crypto markets. The greenback is trading near multi-week lows against major peers, amplifying flows into alternative assets. Gold climbed to fresh highs, underscoring a broader investor shift into havens and speculative plays.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Trump-Linked Token Struggles at Launch<\/h3>\n\n\n\n<p>Meanwhile, the debut of the <strong>World Liberty Financial ($WLFI) token<\/strong>, tied to the Trump family\u2019s cryptocurrency venture, saw a weak start. The token dropped in its first day of open-market trading after initial allocations to internal stakeholders, reflecting both <strong>political risk<\/strong> and <strong>cautious investor sentiment<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Altcoins Trade Mixed<\/h3>\n\n\n\n<p>Broader crypto prices were mixed:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ethereum (ETH)<\/strong> slipped <strong>0.3% to $4,384.98<\/strong>, after recently coming close to record highs.<\/li>\n\n\n\n<li><strong>XRP<\/strong> gained <strong>2.7% to $2.81<\/strong>.<\/li>\n\n\n\n<li><strong>Solana<\/strong> rose <strong>2.4%<\/strong>, <strong>Cardano<\/strong> added <strong>2.3%<\/strong>, while <strong>Polygon<\/strong> gained <strong>1.7%<\/strong>.<\/li>\n\n\n\n<li><strong>Dogecoin<\/strong> climbed <strong>1.9%<\/strong>, while the politically themed <strong>$TRUMP<\/strong> token fell <strong>5%<\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin staged a recovery on Tuesday, bouncing back above the $110,000 mark amid rising expectations that the Federal Reserve will cut interest rates this month. Traders, however, remain cautious ahead of the all-important U.S. jobs report due later this week. Bitcoin Rebounds Amid Fed Rate Cut Bets As of 02:12 ET (06:12 GMT), Bitcoin traded &hellip;<\/p>\n","protected":false},"author":9,"featured_media":99111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-118347","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118347"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118347\/revisions"}],"predecessor-version":[{"id":118348,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118347\/revisions\/118348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/99111"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}