Bitcoin Price Gains Ahead of Key Fed Rate Decision
Markets are walking the tightrope this week: caught between nerves and momentum. Gold is flirting with record highs, Wall Street keeps pressing into fresh territory, and Bitcoin price has clawed back from its August dip. A rate cut is already priced in, but the real wildcard is Powell’s tone and what it signals for the road ahead. All eyes are locked on the Fed.
Both risky and safe-haven assets are seeing growth, but the atmosphere is shaky. This week’s trading setup is coiled like a spring due to weaker labor signals, shaky Chinese data, and simmering geopolitical tensions. The rally could continue or end depending on the next catalyst.
Wall Street Rally: Nasdaq Leads on Tech Strength
The Nasdaq sprinted into Monday riding Tesla’s rebound, finishing at a record 24,175 after gaining nearly 2% last week. The S&P 500 notched its strongest week since early August, while the Dow managed its first weekly advance in three weeks despite a Friday stumble. For bulls, the rally has been fueled less by earnings and more by expectations of imminent Fed easing.
Traders are overwhelmingly pricing in a quarter-point rate cut at the upcoming meeting, with odds hovering near certainty. That leaves the real test in Powell’s communication: will he hint at a deeper cycle of cuts, or keep markets guessing? For now, Wall Street is running hot, but stretched expectations could leave room for turbulence.
Stats:
- Nasdaq: 24,175 (+0.26%)
- S&P 500: 6,610 (+0.34%)
- Dow: 45,941 (+0.19%)
Bitcoin Price Back Above $116K, Altcoins Struggle
Bitcoin’s rally continued Monday, climbing to $114,772 after notching a 5% gain last week. Traders are leaning into crypto as a liquidity play on Fed easing expectations, though sentiment remains cautious after August’s steep losses. Treasury-driven demand concerns, highlighted by Strategy’s failed S&P 500 inclusion, remain in the background.
Altcoins failed to follow Bitcoin’s lead. Ether was steady around $4,512, while XRP, Solana, Cardano, and Dogecoin extended recent weakness. The divergence underscores how dependent the broader crypto space is on both Bitcoin’s momentum and Powell’s tone later this week.
Stats:
Gold Shines at Record Highs as Fed Looms
Gold held its ground near all-time highs, trading at $3,664 an ounce on Monday after touching $3,674 last week. The metal is up almost 40% year-to-date, supported by safe-haven flows, central bank demand, and mounting Fed cut bets.
Other precious metals lagged, with silver and platinum edging lower while copper gained slightly. Still, copper inventories swelled to their highest since June, underscoring the drag from China’s slowing industrial output. Gold remains the asset most finely tuned to Powell’s upcoming message.
Stats:
- Gold: $3,664/oz (near record $3,674)
- Copper inventories: highest since June
Oil Range-Bound Despite Russia Tensions
Oil prices stayed pinned in a narrow band Monday, with Brent at $67.43 and WTI at $63.23. Both benchmarks gained more than 1% last week, as geopolitical risks from Ukraine drone strikes on Russian energy infrastructure clashed with sluggish demand outlooks.
Stats:
- Brent: $67.43 (+0.64%)
- WTI: $63.23 (+0.81%)
The Fed and Beyond: Key Events This Week
The main event is the Fed’s rate decision, and almost everyone in the market is anticipating a 25 basis point cut. New growth and inflation forecasts, particularly if they suggest further easing in 2026, might give the story new dimensions.
In addition to the Fed, policy meetings are being held by global central banks in Canada, England, and Japan. A busy calendar that promises several volatility catalysts includes U.S. retail sales, FedEx earnings, and U.S.-China trade negotiations.
Stats:
- Fed cut: 25 bps expected Sept 17
- Fed cut odds: ~99%
Global Markets: Volatility Ahead, Opportunity Beckons
Equities are pressing records, Bitcoin is regaining traction, gold is near highs, and oil is stuck in its range. Yet the Fed’s move, and Powell’s words, will decide the market’s tone for weeks to come.
For traders, this isn’t just a week to watch. It’s a week to act. At BullRush, we turn volatility into opportunity. Test your instincts, sharpen your timing, and compete where markets come alive.
Don’t just observe the action. Step in and trade it with BullRush.
