NextFin news, Cryptocurrency markets saw notable gains on Friday, September 12, 2025, as Bitcoin (BTC) held steady above the $116,000 mark, while altcoins including XRP, Solana (SOL), and Dogecoin (DOGE) surged in value. This price movement took place globally but was particularly noted in major trading hubs such as New York and London.
The price rally was driven by increasing investor speculation that the U.S. Federal Reserve would announce an interest rate cut at its upcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday, September 17, 2025. Market participants are pricing in a 90% probability of a 25 basis-point rate reduction, with some betting on a more aggressive 50 basis-point cut following recent soft inflation and weaker jobs data.
Bitcoin's price resilience above $116,000 was reported by The Coin Republic and CryptoRank, highlighting robust institutional interest and positive market sentiment. Alongside Bitcoin, XRP, SOL, and DOGE saw significant upward momentum, with DOGE gaining over 5% on the day, according to Cryptonews.
Other smaller-cap tokens such as Avantis and MYX Finance also experienced gains, while some tokens like Numeraire, Linea, and Bio Protocol saw profit-taking activity. The overall cryptocurrency market capitalization remained strong, reflecting optimism tied to potential monetary easing by the Federal Reserve.
The Federal Reserve's anticipated rate cut is viewed by investors as a move to support economic growth, which in turn is boosting risk assets including cryptocurrencies. The FOMC's decision and subsequent statements are expected to be closely monitored by market participants for further guidance on monetary policy.
These developments underscore the interconnectedness of traditional financial policy decisions and digital asset markets, with the crypto sector reacting swiftly to macroeconomic signals.
Sources: The Coin Republic (published September 13, 2025), CryptoRank (published September 12, 2025), Cryptonews (published September 12, 2025).
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