Record Inflows Boost Bitcoin
Bitcoin Price Forecast: BTC Reclaims $114,000 as US Equities Hit Record Highs, ETF Inflows Top $757 Million Cryptos | September 11, 2025
Bitcoin (BTC) is trading above $114,000 on Thursday, extending gains after breaking through a key resistance zone and closing above its 50-day Exponential Moving Average (EMA) the previous day. The bullish momentum is being fueled by a surge of $757 million in US Bitcoin ETF inflows — the largest single-day inflow since mid-July — alongside record highs in the S&P 500 and Nasdaq, which have boosted overall risk sentiment. Traders are now turning their attention to upcoming US inflation data for clues on the Federal Reserve’s (Fed) potential monetary easing pace.
Fed Rate Cut Bets Drive Risk-On Rally BTC rallied to an intraday high of $114,313 on Wednesday as global risk appetite improved. The S&P 500 and Nasdaq closed at record highs, while Japan’s Nikkei 225 jumped over 1% to a fresh all-time high on Thursday.
The positive tone across crypto and equity markets followed US macroeconomic data showing the Producer Price Index (PPI) fell to 2.6% YoY in August from 3.1% in July. Core PPI, which excludes food and energy, eased to 2.8% YoY from 3.4%. The decline in producer price pressures, despite import tariffs, suggests softening domestic demand amid a weak labor market. This has reinforced expectations that the Fed will cut interest rates at its policy meeting next week, supporting risk-on sentiment and BTC’s price.
According to the CME FedWatch Tool, markets are pricing in a 92% probability of a 25-basis-point rate cut and an 8% chance of a larger 50-basis-point cut in September. Such expectations could weigh on the US Dollar and bolster demand for risk assets like Bitcoin.
Highest Single-Day ETF Inflows Since Mid-July Institutional demand for Bitcoin remains strong. Data from SoSoValue shows US spot Bitcoin ETFs recorded $757.14 million in inflows on Wednesday, marking the third consecutive day of positive flows this week. This was the largest daily inflow since July 17, signaling renewed institutional interest. Sustained and growing inflows could further support BTC’s recovery.
Record Stablecoin Inflows to Binance CryptoQuant data reveals Binance saw its highest net stablecoin inflow in over a year on Monday, exceeding $6.2 billion. The exchange’s available stablecoin reserves have also reached a record high of nearly $39 billion.
Since stablecoins are often considered “dry powder” for crypto purchases, rising reserves suggest traders and investors are holding significant liquidity on Binance, ready to deploy. This points to strong market liquidity and potential buying power, which could underpin BTC’s price action.
Technical Outlook: BTC Closes Above 50-Day EMA BTC extended its recovery earlier this week, testing the 50-day EMA at $112,981 before breaking above it on Wednesday with a 2.16% daily gain. If BTC holds above this level, it could target the next resistance at $116,000, with a successful close above that potentially opening the door to the key psychological level of $120,000.
The Relative Strength Index (RSI) stands at 54, above the neutral 50 mark, indicating strengthening bullish momentum. The Moving Average Convergence Divergence (MACD) indicator also shows a bullish crossover from Saturday, suggesting the uptrend could continue.
On the downside, a break below the 50-day EMA could see BTC retreat toward daily support at $107,245.