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Fed Interest-Rate Decision, Press Conference will set tone: Crypto Daybook Americas

cryptobizinvest.com September 17, 2025

0 0 9 minutes read

By Francisco Rodrigues (At all times and unless indicated otherwise)

Global markets are treading water as investors await the latest federal reserve policy, coming later today. This is almost a given fed will cut interest rates by 25 points basis. Traders will instead focus on chair Jerome Powell for future policy signs.

The cryptocurrency market is no different. In the last 24 hours, CoinDesk 20 (CD20) Index is almost unchanged, up to 0.2%only, while bitcoin Btc$116,263.28 was around 1% higher. The gold, which advanced to a record of $ 3,700 this week, slipped 0.5%. The US dollar index increases less than 0.2%.

Equal markets -as much as they can hardly move. US stocks were slipped in yesterday’s session, while European equities were higher. The FTSE All-World Index has moved forward less than 0.1% today.

Now that’s it. But for a longer period, cryptocurrencies were caught behind the equities.

In the last 30 days, the FTSE All-World Index rose 2.78%, while CoinDesk 20 added 2.6%and the BTC gained 1.6%. The moves suggest caution even when the cut rate will boost the appeal of risk assets.

Investors are currently pricing six interest rate cuts. Three this year, and three next year.

“Market expectations are positioned in a scope of Goldilocks: Six cuts represent a middle ground between caution and aggression,” the analysts in QCP Capital wrote in a Remember.

“A deviation from the plot of the dot, however, will challenge that balance, forcing investors to redefine the risk of lighter-than-expect conditions or a fed that insists on responding effectively to the weaker growth,” the analysts added.

The real test of the markets will be Powell’s press conference. A balanced message is likely to further support the risks of risk, while the doubt will force investors to re -evaluate.

Despite the uncertainty, demand for Crypto ETF spots has remained stable. This week, net inflows for BTC ETF spots were around $ 550 million, while ETF spots have brought about $ 300 million. Stay alert!

What to watch

Crypto
Macro
- September 17, 9:45 am: Canada Benchmark Interest Rate decision Est. 2.5% followed by a press conference.
- September 17, 2 PM: The Fed’s decision on US interest rates, including updated dot plot projections. Est. 25 bps cut to 4.00%-4.25%, followed by a Press Conference.
- September 17, 5:30 pm: Brazil Benchmark Interest Rate decision EST. 15%.
We are (Estimates based on factset data)

Events with the token

Votes and Management Calls
Unlocks
- September 17: ZKSYNC Zk$0.05538 To unlock 3.61% of his circulating -shifted supply worth $ 10.54 million.
Launching a token

Conference

Token talk

By Oliver Knight

Bitcoin Btc$116,263.28 The trade continues to be tough on a tight range, rising a little to $ 116,000 in the past 24 hours, but failing to build momentum for a break out.
Altcoins share in a lack of volatility with many spikes leading to Bitcoin’s dominance has slipped to an eight -month low of 57%, according to CoinMarketCap data.
Dominance is a scale commonly used to assess whether the capital is flowing into bitcoin or more speculative altcoins, which seems to be the case.
Another bullish factor for altcoins is the Average crypto token RSIAn abbreviation for the KaMag -Child index of strength, is at 45.47. This means that the altcoins are attached to the “oversold” territory compared to “overbought,” suggesting that many tokens have been preceded for an extension reverse.
It is noteworthy that Bitcoin’s dominance fell all the way 33% in 2017 and 40% in 2021, meaning that altcoins still have more room to run.
Much depends on how Bitcoin works if it starts to try records high for $ 124,000. A breakout in significant volume is likely to lead to a capital backing back to the largest cryptocurrency as investors attempt to achieve a potential high cycle, including personalities like Eric Trump Call $ 175,000 before the end of the year.

Derivatives positioning

The BTC Futures Open Interests throughout the main areas stole up to $ 32 billion in the past week.
At the same time, the three-month annual basis began to compress nearly 6-7% throughout Binance, OKX and deribit, leaving the trade with only a profit.
While OI growth suggests increasing activity and market relationships, the narrow basis suggests that the belief of direction, especially on the bullish side, has weakened, with entrepreneurs who are not willing to pay a high premium for future exposure.
Option data also presents a complex picture of sentiment on the market.
While the BTC indicates the chart of the term volatility structure shows an upward sloping curve, suggesting that the market expects long -term volatility higher than short -term, other metrics point to a more immediate bearish perspective.
Specifically, the 25 Delta skew chart indicates that skew is either flat or slightly negative for shorter options (1-week, 1-month)which means entrepreneurs pay a premium for calls to get protection against rejection.
This short-term bearish sentiment is directly opposed by the 24-hour call volume chart, showing a higher volume of calls than being placed, indicating that in the past 24 hours most of the options are that entrepreneurs have been positioning for a price increase.
The rate of funding of APRs in major ongoing swap swaps began recently to show some pickup with annual BTC funding currently at 17%.
If the uptrend is maintained and followed by other areas, funding rates will suggest a growth increase in one direction, more bullish bet in prices.

Movements in the market

BTC dropped 0.22% from 4 pm et Wednesday to $ 116,637.44 (24hrs: +1.01%)
ETH does not change to $ 4,498.24 (24hrs: +0.00%)
CoinDesk 20 dropped 0.58% to 4,272.21 (24hrs: +0.1%)
Ether CESR Composite Staking Rate drops 2 bps to 2.86%
BTC funding rate is at 0.0077% (8.4589% annual) In Binance

DXY is up to 0.14% to 96.76
Gold futures dropped 0.52% to $ 3,705.60
Silver futures dropped by 2.14% to $ 42.00
Nikkei 225 closed 0.25% to 44,790.38
Hang Seng closes 1.78% to 26,908.39
FTSE reached 0.20% to 9,213.65
Euro Stoxx 50 is up to 0.11% to 5,377.98
DJIA closed on Tuesday down 0.27% to 45,757.90
S&P 500 closed 0.13% to 6,606.76
NASDAQ Composite closed unchanged at 22,333.96
The S&P/TSX Composite closed 0.39% to 29,315.23
S&P 40 Latin America closed 0.52% to 2,919.60
US 10-year Treasury Rate dropped 1 bps to 4.016%
E-Mini S&P 500 Futures does not change to 6,669.00
E-Mini Nasdaq-100 Futures does not change to 24,525.25
E-Mini Dow Jones Industrial Average Index does not change to 46,146.00

Bitcoin stats

BTC Dominance: 58.3% (does not change)
Ether-bitcoin ratio: 0.0386 (0.15%)
Hashrate (Seven-day moving average): 1,021 eh/s
Hashprice (Spot): $ 54.43
Total Fees: 4.18 BTC / $ 483,499
CME FUTURES Open Interest: 144,220 BTC
Btc priced in gold: 31.8 oz.
BTC vs Gold Market Cap: 8.91%

Technical analysis

Bitcoin has risen from $ 107k to $ 117k, which now trades above all the major sun -day -moving averages averages.
Despite this strength, the wider bias remains careful.
For the momentum to proceed, the Bulls will look for a decisive reclaiming of the day -to -day block of order between $ 117K and $ 119K, a place that also aligned with the weekly order block established in early August.

Crypto equities

Coinbase Global (Coins): closed on Tuesday at $ 327.91 (+0.27%)-0.52% at $ 326.19 in pre -Market
Circle (CRCL): closed to $ 134.81 (+0.57%)+1.07% at $ 136.25
Galaxy Digital (Glxy): closed to $ 31.83 (+3.44%)-1.35% at $ 31.40
Bullish (Blsh): closed to $ 51.36 (+0.55%)-0.35% to $ 51.18
Mara holdings (Mara): closed to $ 17.53 (+7.94%)-0.34% at $ 17.47
Riot platform (Excitement): closed to $ 17.52 (+5.04%)+0.23% at $ 17.56
Basic scientific (Corz): closed to $ 16.18 (-0.86%)unchanged with pre-market
Cleanspark (CLSK): closed to $ 11.20 (+8.84%)unchanged with pre-market
Coinshares valkyrie bitcoin miners etf (Wgmi): closed to $ 39.86 (+2.92%)-1.15% to $ 39.40
Exodus movement (Exod): closed to $ 29.70 (+6.53%)-1.11% at $ 29.37