{"id":7498,"date":"2025-09-10T01:01:03","date_gmt":"2025-09-10T01:01:03","guid":{"rendered":"https:\/\/baiwp.com\/asia-morning-briefing-bitcoins-calm-masks-market-tension-ahead-of-fed-and-cpi\/"},"modified":"2025-09-10T01:01:03","modified_gmt":"2025-09-10T01:01:03","slug":"asia-morning-briefing-bitcoins-calm-masks-market-tension-ahead-of-fed-and-cpi","status":"publish","type":"post","link":"https:\/\/baiwp.com\/nl\/asia-morning-briefing-bitcoins-calm-masks-market-tension-ahead-of-fed-and-cpi\/","title":{"rendered":"Asia Morning Briefing: Bitcoin\u2019s Calm Masks Market Tension Ahead of Fed and CPI"},"content":{"rendered":"

Good Morning, Asia. Here’s what’s making news in the markets:<\/strong><\/h2>\n

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.<\/a><\/em><\/p>\n\n

BTC is pinned near $111,000 with volatility compressed to multi-month lows, the kind of calm that tends to precede decisive moves. Traders know what could break the lull: September\u2019s U.S. inflation data and the Fed\u2019s rate decision a week later.<\/p>\n\n

Prediction markets are leaning heavily toward easing. Polymarket bettors<\/a> are assigning an 82% chance of a 25-basis-point cut on Sept. 17, leaving only slim odds for a deeper move or no change. Beyond that, October expectations are fractured, with nearly even probabilities for another cut or a pause. That divergence explains why volatility, though absent now, is unlikely to stay that way.<\/p>\n\n

\"(Polymarket)\"<\/p>\n

\u201cMarkets often look calm just before they move. Bitcoin is trading in one of its tightest ranges in months, and volatility across crypto has compressed to multi-month lows,\u201d said Gracie Lin, OKX Singapore CEO. \u201cWith U.S. inflation data like Core CPI out on Sept. 11 and the Fed\u2019s much-anticipated rate decision just ahead, this quiet period is setting the stage for the next decisive move. Whether the catalyst is an upside inflation surprise or a dovish signal from the Fed, what\u2019s clear is that the absence of volatility is rarely permanent in digital assets; history shows the market will find its next direction soon enough.\u201d<\/p>\n

If a cut pulls money-market returns lower, the opportunity cost of sitting in cash rises, which is the pivot market maker Enflux says could send flows toward crypto.<\/p>\n

\u201cThe real debate now is not if cuts come, but whether liquidity deployment shifts into BTC, ETH, and even riskier assets,\u201d the firm told CoinDesk.<\/p>\n

In other words, the Fed\u2019s cut may grab headlines, but the real trade is whether sidelined cash rotates into digital assets \u2014 a shift that could fuel the return of volatility.<\/p>\n

Market Movement<\/strong><\/h2>\n

BTC: <\/strong>Bitcoin has dipped slightly intraday, trading between approximately $110,812 and $113,237, reflecting short-term volatility amid shifting investor sentiment and broader crypto market dynamics.<\/p>\n

ETH: <\/strong>ETH is modestly up intraday, with a range between roughly $4,279 and $4,379, signaling steady demand and some renewed investor interest. Range, however, is limited with modest ETF flows and traders awaiting the Fed’s next move.<\/p>\n

Gold: <\/strong>Gold is rallying to record highs, fueled by mounting expectations of U.S. Federal Reserve interest rate cuts, a weakening U.S. dollar, and renewed safe-haven demand.<\/p>\n

Nikkei 225: <\/strong>Asia-Pacific stocks opened mostly higher Wednesday, with Japan\u2019s Nikkei 225 up 0.2%, as investors awaited China\u2019s August inflation data showing an expected 0.2% CPI drop and a smaller 2.9% PPI decline.<\/p>\n

S&P 500: <\/strong>U.S. stocks closed at record highs Tuesday, with the S&P 500 up 0.27% to 6,512.61, as investors looked past a record payroll revision that cut 911,000 jobs from prior figures.<\/p>\n

Elsewhere in Crypto<\/strong><\/h2>\n