Crypto Rebound Sparks Trading Opportunities Amid ETF Inflows

2025-09-12 05:00:52

(MENAFN- The Rio Times) Traders seized macroeconomic cues as cryptocurrencies advanced in the past 24 hours. Data from major exchanges and TradingView charts indicate Bitcoin rose to $115,406, marking a 1.1 percent increase. Ethereum climbed 3.06 percent to $4,548.8.

Cooling inflation drove this shift. The U.S. Consumer Price Index fell to 2.9 percent on September 11. Market participants expected Federal Reserve rate reductions soon.

Consequently, buying pressure intensified. Bitcoin spot ETFs recorded $552.7 million in net inflows that day. Ethereum ETFs added $113.1 million, ending recent outflows.

Solana led major coins with a 7.08 percent gain to $237.96. XRP advanced 2.07 percent to $3.0621. Litecoin held steady near $115, with limited volume data available.

Altcoins presented sharp contrasts for profits. HOLO skyrocketed 2990.73 percent to $0.4636 on momentum. ARIA increased 60.06 percent to $0.1685. PTB gained 38.54 percent to $0.06110.

However, declines affected others. MYX plunged 25.69 percent to $13.2046. SWTCH dropped 25.16 percent to $0.09884. Merchants used these for short-selling strategies.

Fundamentals underscored institutional demand. The market cap hit $4.01 trillion overall. ETH volume reached $1.61 billion, while BTC hit $986.99 million.

Additionally, macro conditions aided risk-taking. Reduced inflation improved liquidity prospects. Traders saw crypto as a hedge against currency weakening.

Bitcoin's technicals supported the upmove. The 1-day chart displayed a rise from $85,000 levels. Price action remained above the 200-day simple moving average.

Bollinger Bands contracted, hinting at upcoming volatility. The yellow Global Liquidity Index ascended, aligning with higher prices. RSI stayed between 50 and 60, showing balanced momentum. MACD exhibited bullish signals on both charts.

Meanwhile, the 4-hour chart showed sideways action near $114,000 support. Price challenged and broke resistance lines. Volume surges confirmed upward candles. Fibonacci levels identified support at 61.8 percent around $110,000.

Resistance appeared at $116,000. Traders eyed this for potential entries. SOL volume at $235.34 million indicated strong participation. This environment favored mercantile plays in altcoins.

Investors weighed volatility against supportive factors. Liquidity trends suggested continued interest if inflows persisted.

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