--- title: "Bitcoin Jumps On Cooler Inflation; Ethereum, XRP, Dogecoin Gain — Analysts See BTC Trading In This Range Until The Fed Meet" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/256836510.md" description: "Leading cryptocurrencies, including Bitcoin, Ethereum, XRP, and Dogecoin, surged following a cooling of U.S. producer inflation, raising expectations for interest rate cuts. Bitcoin broke past $114,000, while Ethereum peaked at $4,450.42 before retreating. Analysts predict Bitcoin will trade between $110,000 and $118,000 until the upcoming Federal Reserve meeting, with potential for further gains if it surpasses $115,000. The global cryptocurrency market capitalization rose to $3.95 trillion, and over $264 million was liquidated in the last 24 hours." datetime: "2025-09-11T02:26:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/256836510.md) - [en](https://longbridge.com/en/news/256836510.md) - [zh-HK](https://longbridge.com/zh-HK/news/256836510.md) --- > 支持的语言: [English](https://longbridge.com/en/news/256836510.md) | [繁體中文](https://longbridge.com/zh-HK/news/256836510.md) # Bitcoin Jumps On Cooler Inflation; Ethereum, XRP, Dogecoin Gain — Analysts See BTC Trading In This Range Until The Fed Meet Leading cryptocurrencies rallied on Wednesday as U.S. producer inflation unexpectedly cooled, boosting the chances of interest rate cuts. ## Bitcoin Sees Noticeable Breakout Bitcoin experienced a breakout, surging past $114,000 after days of range-bound movement. Trading volume rose 17% over the last 24 hours. Ethereum rallied to an intraday high of $4,450.42 but failed to sustain the gains, easing around $4,370 overnight. XRP also gained 1.55% in the 24-hour period. Over $264 million was liquidated from the cryptocurrency market in the last 24 hours, with $158 million in short positions wiped out. Bitcoin’s open interest increased by 2.11% in the last 24 hours, totaling a 6.4% rise this week. The latest spike boosted bullish positioning for the leading cryptocurrency, with longs outpacing the shorts, according to the Long/Short Ratio. **Top Gainers (24 Hours)** The global cryptocurrency market capitalization stood at $3.95 trillion, growing by 2.34% in the last 24 hours. ## US Producer Inflation Cools Sharply Stocks clocked new closing highs on Wednesday. The **S&P 500** rose 0.3% at 6,532.04, while the tech-heavy **Nasdaq Composite** closed up 0.03% to end at 21,886.06 The **Dow Jones Industrial Average** was the outlier, falling 220.42 points, or 0.48%, to finish at 45,490.92. The Producer Price Index dropped 0.1% in August, reversing July’s spike and fueling hopes for Federal Reserve rate cuts. Analysts had expected a 0.3% increase, making the latest reading a notable miss. Traders have priced in a 92% chance that the Federal Reserve slashes interest rates by 25 basis points next week, according to the CME FedWatch tool. ## Will Bitcoin Rise To $118,000? In a note shared with Benzinga, analysts at cryptocurrency payment company **B2BINPAY** said that Bitcoin's push to $114,000 looked more like repositioning, rather than the start of a new surge. "We believe that BTC will be trading in the $110,000-$118,000 range until the 17th-18th September Fed meeting, with dips likely supported," the analysts said. "Still, a clear break above $115,000 level may open the way to $120,000, while falling below $112,000 level risks causing a quick move toward $107,000." **Ted Pillows**, an angel investor and cryptocurrency market observer, compared Ethereum's current price movements to Bitcoin’s 2020-21 cycle. "If I talk about a 3-4 month timeframe, Ethereum is going around $8,000-$10,000. But in the short-term, there’s a chance of lower prices," Pillows projected. - **Vivek Ramaswamy’s Strive To Board The Bitcoin Treasury Company With $1.5 Billion Raise** _Photo Courtesy: Yalcin Sonat / Shutterstock_ ### 相关股票 - [Grayscale Bitcoin Trust BTC - ETF (GBTC.US)](https://longbridge.com/zh-CN/quote/GBTC.US.md) - [Grayscale Ethereum Staking ETF (ETHE.US)](https://longbridge.com/zh-CN/quote/ETHE.US.md) - [BTC/HKD (BTCHKD.VAHK)](https://longbridge.com/zh-CN/quote/BTCHKD.VAHK.md) - [BTC/USD (BTCUSD.VAHK)](https://longbridge.com/zh-CN/quote/BTCUSD.VAHK.md) - [ETH/HKD (ETHHKD.VAHK)](https://longbridge.com/zh-CN/quote/ETHHKD.VAHK.md) - [ETH/USD (ETHUSD.VAHK)](https://longbridge.com/zh-CN/quote/ETHUSD.VAHK.md) - [DOGE/USD (DOGEUSD.VAHK)](https://longbridge.com/zh-CN/quote/DOGEUSD.VAHK.md) ## 相关资讯与研究 - [Strategy Pause In Bitcoin Buying Puts STRC Tax And Funding In Focus](https://longbridge.com/zh-CN/news/281500634.md) - [My Top 2 Altcoins After the Latest Crypto Pullback](https://longbridge.com/zh-CN/news/281533546.md) - [07:00 ETBybit Alpha Trading Fiesta Returns with 600,000 USDT in Rewards](https://longbridge.com/zh-CN/news/281630273.md) - [BTC Capital Management Inc. 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