Bitcoin Calm at $111K, Trump’s Crypto Debut & $41M Hack – Blockchain Highlights (Sept 8–9, 2025)
Bitcoin held firm above the $110K–$111K range through September 8–9, extending a week of low-volatility consolidation coindesk.com. Analysts noted this calm in Bitcoin’s price comes as traders await U.S. inflation reports that could influence Federal Reserve policy coindesk.com. “Cryptocurrencies have been trading at a subdued level as the Fed is conflicted over cutting rates amid stubborn inflation,” observed Jeff Mei, COO of BTSE, adding that higher-than-expected inflation could hurt crypto prices, while a downside surprise might spark a rally coindesk.com coindesk.com. Indeed, macro signals are in focus: a weaker U.S. jobs report earlier in the month already bolstered hopes for a Fed rate cut at the upcoming Sept 17 meeting, a prospect that tends to boost risk assets like crypto.