Catenaa, Monday, September 29, 2025- Bitcoin traded flat Thursday even as US spot bitcoin funds returned to inflows, with investors weighing Federal Reserve caution on future rate cuts.
Wall Street-backed exchange-traded funds added $241 million on Wednesday, data showed.
BlackRock’s iShares Bitcoin Trust led with $129 million in net inflows after two days of withdrawals.
Ethereum products continued to struggle. U.S. spot ether ETFs lost $79 million, marking a third straight day of outflows. Ether hovered at $4,000, a level analysts described as fragile support.
Bitcoin prices fluctuated between $111,800 and $112,100, reflecting intraday volatility. Traders monitored Fed Chair Jerome Powell’s message that more easing is not imminent. The central bank cut rates last week but signaled caution on additional moves, balancing inflation concerns with a weakening labor market.
Analysts at BRN said Bitcoin has formed a double bottom near $111,115 but faces resistance at $113,500. A break above could lift prices toward $115,000, but failure to hold support risks declines toward $105,000 or lower.
Ether could also slide if it fails to hold $4,000, potentially retreating to $3,800 or $3,600.
