{"id":45894,"date":"2025-09-05T09:31:46","date_gmt":"2025-09-05T09:31:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45894"},"modified":"2025-09-05T09:31:46","modified_gmt":"2025-09-05T09:31:46","slug":"bitcoin-at-112k-xrp-sol-steady-as-rate-cuts-sentiment-lingers-ahead-of-jobs-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45894","title":{"rendered":"Bitcoin at $112K, XRP, SOL Steady as Rate Cuts Sentiment Lingers Ahead of Jobs Report"},"content":{"rendered":"
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Bitcoin (BTC) steadied near $111,600 on Friday morning, showing relative resilience even as macro jitters pulled global risk assets lower. Ether (ETH) slipped 0.7% to $4,330 while Solana\u2019s SOL (SOL) added 1.3% to trade above $204. XRP (XRP) hovered near $2.81, flat on the day but up 3.5% over the week.<\/p>\n

The week\u2019s backdrop has been dominated by U.S. labor data and shifting expectations around the Federal Reserve. Friday\u2019s jobs report is widely expected to show<\/a> unemployment climbing, firming bets on a September rate cut. But traders are no longer expecting an extended easing cycle.<\/p>\n

\u201cWhile high unemployment numbers indicated the Fed is likely to cut rates in mid-September, traders now believe that reductions throughout the rest of the year will be limited in scope,\u201d said Jeff Mei, COO at BTSE. \u201cThe Fed is wary of introducing too much new money into the economy for fear of inflation. This is why gold has rallied while cryptocurrencies and stocks fell.\u201d<\/p>\n

Gold touched a fresh high above $3,500 an ounce earlier this week, indicative of a broad appetite for hard stores of value. That parallel has only heightened comparisons between the metal and bitcoin.<\/p>\n

\u201cBitcoin has matured beyond being just a speculative asset and is widely recognized as a store of value and a hedge against currency debasement, fiscal instability, and geopolitical risk,\u201d said Vikrant Sharma, CEO of Cake Wallet, in a Telegram message.<\/p>\n

\u201cVolatility has reduced but not disappeared, which is understandable for an asset just over a decade old. The narrative has shifted: it\u2019s now a strategic allocation rather than just a speculative asset,” he added.<\/p>\n

Sharma added that periods of low volatility often precede major price moves. \u201cA $100,000 plus floor makes Bitcoin feel less like a high-beta trade and more like a global reserve asset in the making,\u201d he said.<\/p>\n

Despite headwinds, Bitcoin\u2019s dominance has remained firm. It still commands approximately 60% of the total crypto market capitalization, helping to stabilize sentiment even as altcoins have swung sharply.<\/p>\n

\u201cDespite recent market volatility, Bitcoin has demonstrated remarkable resilience, dropping only 3% while maintaining its 60% dominance,\u201d said Nassar Achkar, Chief Strategy Officer at CoinW, in an email. <\/p>\n

\u201cThe Fed\u2019s potential rate cuts later this year, combined with ongoing institutional adoption via ETFs and digital asset tokens, continue to provide strong fundamental support. That said, traders should remain cautious of shifting policies which may drive near-term fluctuations,\u201d Achkar added.<\/p>\n

The mixed outlooks come amid market fragility heading into September, historically crypto\u2019s weakest month.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) steadied near $111,600 on Friday morning, showing relative resilience even as macro jitters pulled global risk assets lower. Ether (ETH) slipped 0.7% to $4,330 while Solana\u2019s SOL (SOL) added 1.3% to trade above $204. XRP (XRP) hovered near $2.81, flat on the day but up 3.5% over the week. The week\u2019s backdrop has […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45894","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45894"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45894\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}