BTC’s price after consolidating in a tight range $107k–$113k range for two weeks, has finally break above $114k after latest PPI data showed PPI inflation at 2.6%, below the expectations of 3.5%. In fact, BTC kicked off the week with a higher high at $114k, signaling bulls are keeping control of the structure.

With the FOMC next week, it’s a crucial setup. In fact, the tape already looked like it’s front-running a directional move. The recent payroll revision slammed expectations after the Bureau of Labor Statistics (BLS) cut last year’s job growth by 911k. And that basically flat lined job creation.

At the same time, Binance saw its biggest Net Stablecoin Inflow of 2025, with $6.2 billion hitting the platform on the 8th of September. It gave us a hint of fresh liquidity waiting on the sidelines. In short, Binance is now pre-positioned for Bitcoin’s next volatile swing.

A Fed rate cut on weak labor data could trigger a short-term pop, but the tape could flip fast if the macro setup shifts. In this context, Bitcoin’s $111k is still an unconfirmed floor. One thing’s clear though – Bitcoin is in a delicate spot. Momentum’s soft, traders are moving cautiously, and macro volatility is still very much in play.

 As of now, at the time of writing this article, BTC is being trade around $114.2k and has seen a growth of over 2% in its price over the past 24 hours and currently stands at a market capitalization of $2.27 Trillion.