Bitcoin hits $112K, traders eye resistance as Fed decision looms

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September 29, 2025 · 12:31 PM

Bitcoin hits $112K, traders eye resistance as Fed decision looms

Bitcoin has surged past $112,000 in the last 24 hours, indicating a resurgence of bullish sentiment in the cryptocurrency market. Altcoins like Ethereum, Hyperliquid, and Binance Coin have also experienced significant gains. Traders are closely monitoring upcoming U.S. economic data and signals from the Federal Reserve, as these could impact Bitcoin's price movements and test its resistance levels.

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