Bitcoin Struggles Near $116K as FOMC Decision Looms

What could cause Bitcoin to either surge to $118K or plunge to $115K?

How is the Federal Reserve's FOMC decision impacting Bitcoin traders?

Why is Bitcoin currently hovering around $116K?


Bitcoin Struggles Near $116K as FOMC Decision Looms
Image source: Unblock Media
  • BTC trades at $116,353, facing volatility at $115K–$118K liquidation zones.
  • FOMC rate decision could drive major price movements this week.

On September 17, 2025, Cryptopolitan reported Bitcoin trading at $116,353, caught between two critical liquidation zones at $115,000 and $118,000, setting the stage for potential volatility.

At $118,000, Bitcoin stands to trigger the liquidation of $123.74 million in short positions on Binance. Conversely, a downturn below $115,000 could lead to $131.54 million in long liquidations. These large leveraged positions signal high stakes for both bulls and bears, intensifying the potential for price swings.

Traders are currently adopting a cautious and neutral approach. The Federal Open Market Committee (FOMC) is expected to release its decision on interest rates, which has historically impacted Bitcoin’s price performance. The event remains a key focal point for the market this week.

Despite the immediate uncertainty, Bitcoin is on track for its most successful September in 13 years. Historically, strong performance in September has preceded notable fourth-quarter rallies, which has sparked interest among market participants. Bitcoin’s market dominance has climbed to over 56.1%, further reflecting its leading role in broader crypto trends.

The crypto fear and greed index currently stands at 57, reflecting neutral sentiment. While some traders have turned their attention to altcoins, Bitcoin continues to attract significant accumulation from institutional investors and large-scale holders.

As of September 17, 2025, 15:12 UTC, Bitcoin (BTC) is trading at $115,699.53, with a 0.514% change in 24-hour trading volume, according to CoinMarketCap.

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Article Info
Category
Market
Published
2025-09-17 15:16
NFT ID
PENDING
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