The cryptocurrency market turned cautious today as Bitcoin (BTC[1]) wobbled around $115,000 while gold set a new all-time high above $3,700. Traders are bracing for Wednesday’s Federal Reserve FOMC meeting, with rising fears of long liquidations in Bitcoin markets.
Market Overview
- Bitcoin: Price hovering between $114,800 – $115,300, with heavy long liquidations spotted.
- Ethereum: Stable near $4,380, showing resilience despite macro uncertainty.
- Solana: Strong rally continues, with buyers pushing momentum up nearly 5%.
- XRP: Slight uptick as traders eye renewed liquidity moves.
- BNB: Closing in on $900, approaching psychological resistance.
Key Note: Gold surged to $3,703 before correcting, widening its performance gap over Bitcoin in 2025 (Gold up 40% YTD vs BTC’s 23% YTD).
Bitcoin vs Gold – The Big Battle
Bitcoin’s Liquidity Risks: Analysts flagged a huge cluster of long liquidations near $114,724, making BTC highly vulnerable.
Gold Outshines BTC: With a fresh record high, gold remains the safer hedge as investors await Fed’s decision.
Traders Turn Bearish: Market sentiment is flipping short ahead of a possible 0.25% Fed rate cut tomorrow.
“Gold leads the way. Bitcoin follows,” traders warn, suggesting BTC could mirror gold’s bullish path later this year.
Top 5 Cryptos – Price Snapshot
| Coin | Price (USD) | 24h Change | Trend Note |
| Bitcoin (BTC) | $115,050 | +0.25% | Liquidation risks high |
| Ethereum (ETH[2]) | $4,382 | +0.10% | Holding steady, low volatility |
| Solana (SOL) | $224.10 | +4.95% | Strong momentum, bullish wave |
| XRP (XRP) | $3.02 | +1.70% | Modest climb, liquidity flows |
| BNB (BNB) | $901.15 | +2.75% | Testing $900 resistance zone |
Today’s market shows mixed signals: Bitcoin is facing liquidation pressure, gold just printed a historic milestone, and traders are shifting strategies ahead of the FOMC rate cut.
For now, risk management is key as both crypto and traditional markets brace for volatility.