Bitcoin Surges After Federal Interest Rate Decision: Will Q4 See Record High Prices?
The cryptocurrency market is experiencing a significant boost, with trading volume surging by 38% from the previous day. This surge is attributed to the US Federal Reserve's interest rate cuts and indirect investments via Bitcoin ETFs.
ETFs (Exchange-Traded Funds) are seen as a positive development as they enable indirect investment and can mobilize investors who have been waiting on the sidelines. The US Securities and Exchange Commission (SEC) could approve crypto ETFs much faster, potentially leading to the launch of more than 100 new altcoin ETFs.
The popular financial strategist, "TechDev," suggests a massive rally for the cryptocurrency markets. According to TechDev's projection, the outlook for a similar development in high-caliber altcoins is generating momentum, setting the stage for a strong Q4/2025.
The global crypto market capitalization has increased by 1.58% overnight, reaching a staggering $4.09 trillion. If the trend continues, Bitcoin could potentially increase by approximately 12 to 24%.
Top analyst Benjamin Cowen comments on the past 24 hours' price action: Bitcoin briefly dipped after the US Federal Reserve's announced interest rate cuts, but bulls stepped in and pushed BTC back up. The current price, after a 7-day gain of +2.94%, stands at $117,282.
Jannis Grunewald, an author focusing on cryptocurrencies like Bitcoin or Ethereum, also writes about technology and innovations. He provides news, analyses, and projections about digital assets and deals with the developments in the industry.
Meanwhile, the relative price increase is decreasing from cycle to cycle, according to TechDev. However, most investors seem to have "no idea what's coming next."
The US Federal Reserve's interest rate policy could extend the Bitcoin rally as lower interest rates tend to increase interest in risky assets like Bitcoin. The Federal Reserve plans two more rate cuts by the end of 2025, which could push the benchmark rate down to 3.50 to 3.75 percent, further supporting digital assets.
Bloomberg's top ETF expert, Eric Balchunas, sees a "high probability" that more than 100 new altcoin ETFs will launch in the coming weeks.
In the top 100 coins, the overwhelming majority are recording gains. Pudgy Penguins (PENGU) leads the performance with a 13.37% increase in the last 24 hours.
However, Benjamin Cowen predicts that after a Bitcoin correction in September 2025, a strong rotation back into Bitcoin will occur, leading to a rally likely starting in October. He anticipates seasonal gains in October and November but does not give a specific price target beyond expecting a bounce after this rotation. There is also a notable chance Bitcoin may fall below $100,000 in 2025 according to market sentiment mentioned alongside his views.
TechDev's Bitcoin projection is based on examining price movements back to the year 2012. Calculated from the current price, this could bring Bitcoin to around 131,000 to 145,000 dollars, conservatively estimated. Previous cycles have seen Bitcoin rise by 8,800%, 2,500%, and 240%.
As the cryptocurrency market continues to evolve, investors and analysts alike will be watching closely to see how these developments unfold.
Read also:
- Quantum Computing Market in the Automotive Sector Forecast to Expand to $6,462.13 Million by 2034
- List of 2025's Billionaire Video Game Moguls Ranked by Fortune
- VinFast Accelerates Globally, Leveraging Vingroup's Technological and Financial Foundation
- Transformation of Decarbonization Objectives in the Iron Ore Pellets Sector
