ETFs and institutional flows accelerate mainstream adoption.
Welcome to the US Crypto News Morning Briefing — your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee because the year’s final stretch is shaping up to be pivotal for Bitcoin (BTC). With the Federal Reserve (Fed) beginning what looks like its rate-cutting cycle, analysts believe the pioneer crypto could be setting up for a record-breaking run.
Bitcoin bulls are finding fresh momentum after the Fed’s September rate cut, with analysts now projecting a potential year-end rally toward record highs.
With liquidity dynamics shifting and institutional flows accelerating, some analysts believe Bitcoin could end 2025 near the $145,000 mark.
John Glover, Ledn’s Chief Investment Officer, told BeInCrypto he expects a sharp move higher as investors reposition for a weaker dollar.
“I’m forecasting a BTC price of circa $140,000 to $145,000 by year’s end. The rate cuts will help to push this narrative as money moves to BTC for safe haven among expectations of a USD devaluation,” Glover said.
This forecast suggests a growing conviction that the Fed’s policy pivot will funnel capital into non-yielding, alternative assets like Bitcoin.
With real interest rates under pressure, digital assets are increasingly framed as macro hedges and liquidity beneficiaries. Jake Kennis, Senior Research Analyst at Nansen, echoed the bullish tone.
“With the Fed cutting 25 bps and its projections indicating two additional cuts by December, the macro backdrop turns more supportive for Bitcoin into year-end,” Kennis told BeInCrypto.
However, the Nansen executive articulated that the Fed’s path is not the only driver. In his opinion, end-of-year levels hinge more on real rates, dollar strength, liquidity, and broader market dynamics.
Kennis highlighted that lower policy rates reduce the opportunity cost of holding Bitcoin and can ease financial conditions.
If real yields drift lower and Bitcoin ETF (exchange-traded funds) inflows persist, he believes the “path of least resistance is higher.”
Still, Nansen’s Kennis warned that recessionary cuts could weigh on broader risk assets, potentially tempering crypto upside.
Institutional participation also marks a major shift from previous cycles. US spot Bitcoin ETFs, alongside the rise of digital asset treasuries (DATs), reported in a recent US Crypto News publication, have simplified allocations for funds, pensions, and corporates.
If the SEC finalizes a generic listing framework for spot digital-asset ETFs, as reports suggest, product breadth could expand further, accelerating mainstream adoption.
Markets appear to be adjusting in real time. Bitcoin has held above $115,000 in the post-FOMC rally, with Glassnode data showing 95% of supply now in profit.
Options markets also reflect the bullish tilt. Open interest has surged toward record levels ahead of next week’s massive September 26 expiry, where $18 billion in notional contracts come due.
While skeptics caution that volatility spikes and profit-taking remain likely, the narrative of rate cuts fueling Bitcoin as a macro hedge is gaining ground.
If Glover’s and Kennis’ projections hold, Bitcoin could run 24% above current levels by year-end and realize the $145,000 target.
Here’s a summary of more US crypto news to follow today:
