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Bitcoin stabilized on Wednesday<\/strong>, finding its footing after a turbulent few sessions marked by a clash of forces \u2014 renewed U.S.-China trade tensions<\/strong> and growing market conviction that the Federal Reserve<\/strong> will cut interest rates in October<\/strong>.<\/p>\n\n\n\n The world\u2019s largest cryptocurrency was last down 0.2% at $112,292.5<\/strong> by 05:30 GMT<\/strong>, having rebounded from a steep selloff that saw prices plunge as low as $109,000 on Tuesday<\/strong>. The coin remains far below its recent record high above $126,000<\/strong>, highlighting how fragile sentiment remains amid macro headwinds.<\/p>\n\n\n\n Resurgent tensions between Washington and Beijing<\/strong> have been the main driver of recent volatility. Bitcoin dropped as much as $103,000<\/strong> in a weekend flash crash after President Donald Trump<\/strong> vowed to expand tariffs on Chinese imports. While the market recovered some ground, investors remained cautious about further escalation in trade disputes that could weigh on global risk assets.<\/p>\n\n\n\n Sentiment was partially cushioned by remarks from Fed Chair Jerome Powell<\/strong>, who hinted on Tuesday that the central bank may end its balance sheet reduction program (quantitative tightening)<\/strong> and adopt a more flexible approach to monetary policy.<\/p>\n\n\n\n Powell\u2019s dovish tone fueled speculation that the Fed will deliver a 25-basis-point rate cut in October<\/strong>, with CME FedWatch<\/strong> showing odds at 99.6%<\/strong>, up from 97.4%<\/strong> a week earlier. Lower interest rates tend to benefit non-yielding and speculative assets like Bitcoin by reducing the opportunity cost of holding them.<\/p>\n\n\n\n In corporate news, Coinbase Global Inc (NASDAQ: COIN)<\/strong> announced an additional investment in Indian crypto exchange CoinDCX<\/strong>, valuing the company at $2.45 billion<\/strong>\u2014well above the sub-$1 billion valuation reported earlier this year.<\/p>\n\n\n\n The move highlights Coinbase\u2019s strategy to strengthen its presence in India and the Middle East<\/strong>, regions where crypto adoption continues to surge. CoinDCX confirmed the new funding round and emphasized that Coinbase has been an investor since 2020<\/strong>.<\/p>\n\n\n\n India currently leads global crypto adoption, with over 100 million holders<\/strong> as of end-2024, making it a key growth market for international exchanges.<\/p>\n\n\n\n Broader crypto markets showed mixed but slightly positive momentum on Wednesday, aided by Powell\u2019s comments and modest improvement in risk appetite.<\/p>\n\n\n\n Bitcoin remains in a tug-of-war between macro uncertainty and dovish policy expectations<\/strong>. Analysts note that sustained buying may depend on confirmation of a Fed rate cut<\/strong> and any signs of de-escalation in U.S.-China tensions<\/strong>. Until then, price volatility is likely to remain elevated, with traders eyeing $110,000 as key short-term support<\/strong> and $115,000\u2013$118,000<\/strong> as the next resistance zone.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin stabilized on Wednesday, finding its footing after a turbulent few sessions marked by a clash of forces \u2014 renewed U.S.-China trade tensions and growing market conviction that the Federal Reserve will cut interest rates in October. Volatility Persists Amid Trade Uncertainty The world\u2019s largest cryptocurrency was last down 0.2% at $112,292.5 by 05:30 GMT, …<\/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":[40,36],"tags":[],"class_list":["post-119958","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119958","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=119958"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119958\/revisions"}],"predecessor-version":[{"id":119959,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119958\/revisions\/119959"}],"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=119958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Volatility Persists Amid Trade Uncertainty<\/strong><\/h3>\n\n\n\n
Dovish Powell Offers Some Support<\/strong><\/h3>\n\n\n\n
Coinbase Expands in India Through CoinDCX Investment<\/strong><\/h3>\n\n\n\n
Altcoins Rebound on Improved Sentiment<\/strong><\/h3>\n\n\n\n
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Outlook<\/strong><\/h3>\n\n\n\n