Crypto Latest Market News: Pre-FOMC Jitters Send Crypto Markets Lower
Estimated reading time: 5 minutes
- Bitcoin dipped below $115,000 due to pre-FOMC jitters.
- The upcoming Fed decision is the primary driver of market uncertainty.
- Major cryptocurrencies experienced modest declines.
- GameFi, DeFi, and meme coins saw sharper declines.
- Post-FOMC volatility is expected.
Contents
- Bitcoin Dips Below $115,000 as Investors Await Fed Decision
- Immediate Market Impact
- What to Watch Next
- CTA
Bitcoin Dips Below $115,000 as Investors Await Fed Decision
In the hours leading up to 05:00 UTC on September 16, 2025, the cryptocurrency market experienced a downturn, with Bitcoin briefly falling below $115,000 before recovering slightly above $115,700. This pre-emptive market correction is largely attributed to investor caution ahead of the upcoming U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting scheduled for September 16–17, 2025 (UTC). The event impacted major cryptocurrencies, including Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE), which also saw modest declines. This cautious market sentiment is a direct result of the upcoming FOMC decision, creating a ripple effect across major crypto exchanges.
The uncertainty surrounding the Federal Reserve’s monetary policy decision is the primary catalyst for the current market movement. Traders are bracing for potential volatility stemming from the FOMC’s announcement, leading to a subdued trading environment and reduced risk appetite. While no major system outages, hacks, or specific regulatory actions targeting individual protocols are reported within the last 12 hours, the macro-economic environment is dictating the crypto market’s immediate behavior.
Immediate Market Impact
Let’s examine the immediate impact on key crypto assets and the broader market:
- BTCUSD: Bitcoin (BTC) is currently trading near $115,700, showing a decrease of approximately 0.45% over the past 24 hours. This follows an earlier dip below the $115,000 mark.
- ETHUSD: Ethereum (ETH) is experiencing a slightly more pronounced decline, down approximately 1.2%, trading just above $4,600. Source: 99Bitcoins Source: GoodReturns
- SOLUSD: Solana (SOL) also shows a negative trend, with a slight decrease of 1.03%.
- Total Market Cap: The overall cryptocurrency market capitalization stands at approximately $2.30 trillion, reflecting a general decline across various sectors. Notably, GameFi, DeFi, and meme coins experienced sharper declines, falling 3.03%, 2.21%, and 2.85%, respectively. Source: 99Bitcoins
- BTC Dominance: While precise figures aren’t readily available, Bitcoin’s performance relative to altcoins suggests a slight outperformance, indicating that Bitcoin is holding its value relatively better than smaller cryptocurrencies in this current market environment. Source: 99Bitcoins
- Funding Rates, Open Interest, Liquidations: Although detailed data on funding rates, open interest, and liquidations are not explicitly provided in the sourced material, the overall market sentiment suggests a subdued level of leveraged trading and reduced overall market activity. This indicates a period of consolidation and anticipation ahead of the crucial FOMC decision. Source: 99Bitcoins
The market’s cautious stance, characterized by sideways trading and reduced risk appetite, underscores the dominant influence of the anticipated FOMC rate decision. Markets are currently pricing in an 88% probability of a 25 basis points rate cut. This anticipation is driving the current market behavior, impacting all major crypto asset classes. Source: 99Bitcoins
What to Watch Next
- The FOMC Decision (September 16–17, 2025 UTC): The outcome of this meeting will likely have a significant impact on market sentiment and price movements across various asset classes, including cryptocurrencies.
- Market Reaction to the FOMC Announcement: Observe how different cryptocurrencies react to the specific details of the Fed’s announcement. This will provide valuable insights into market expectations and the overall investor confidence.
- Post-FOMC Volatility: Expect increased volatility in the crypto market following the announcement as traders adjust their positions based on the Fed’s policy decision.
CTA
Stay ahead of the market with our AI-powered crypto news platform. We continuously scan and verify trusted sources to surface the most important developments from the last 12 hours, distilled into clear takeaways. Bookmark this page, enable alerts, or follow our channels to get timely updates as they break.
