Investors are counting down to the Federal Reserve’s Sept. 17 monetary policy decision; markets expect a quarter-point rate cut that could trigger short-term volatility but potentially fuel longer-term gains across risk assets.

The economic backdrop highlights the Fed’s delicate balancing act.

According to the latest CPI report released by the U.S. Bureau of Labor Statistics on Thursday, consumer prices rose 0.4% in August, lifting the annual CPI rate to 2.9% from 2.7% in July, as shelter, food, and gasoline pushed costs higher. Core CPI also climbed 0.3%, extending its steady pace of recent months.

Producer prices told a similar story: per the latest PPI report released on Wednesday, the headline PPI index slipped 0.1% in August but remained 2.6% higher than a year earlier, while core PPI advanced 2.8%, the largest yearly increase since March. Together, the reports underscore stubborn inflationary pressure even as growth slows.

The labor market has softened further.

Nonfarm payrolls increased by just 22,000 in August, with federal government and energy sector job losses offsetting modest gains in health care. Unemployment held at 4.3%, while labor force participation remained stuck at 62.3%.

Revisions showed June and July job growth was weaker than initially reported, reinforcing signs of cooling momentum. Average hourly earnings still rose 3.7% year over year, keeping wage pressures alive.

Bond markets have adjusted accordingly. Per data from MarketWatch, 2-year Treasury yield sits at 3.56%, while the 10-year is at 4.07%, leaving the curve modestly inverted. Futures traders see a 93% chance of a 25 basis point cut, according to CME FedWatch.

If the Fed limits its move to just 25 bps, investors may react with a “buy the rumor, sell the news” response, since markets have already priced in relief.

Equities are testing record levels.

The S&P 500 closed Friday at 6,584 after rising 1.6% for the week, its best since early August. The index’s one-month chart shows a strong rebound from its late-August pullback, underscoring bullish sentiment heading into Fed week.

The Nasdaq Composite also notched five straight record highs, ending at 22,141, powered by gains in megacap tech stocks, while the Dow slipped below 46,000 but still booked a weekly advance.

Crypto and commodities have rallied alongside.

Bitcoin is trading at $115,234, below its Aug. 14 all-time high near $124,000 but still firmly higher in 2025, with the global crypto market cap now $4.14 trillion.

Gold has surged to $3,643 per ounce, near record highs, with its one-month chart showing a steady upward trajectory as investors price in lower real yields and seek inflation hedges.

Historical precedent supports the cautious optimism.

Analysis from the Kobeissi Letter — reported in an X thread posted Saturday — citing Carson Research, shows that in 20 of 20 prior cases since 1980 where the Fed cut rates within 2% of S&P 500 all-time highs, the index was higher one year later, averaging gains of nearly 14%.

The shorter term is less predictable: in 11 of those 22 instances, stocks fell in the month following the cut. Kobeissi argues this time could follow a similar pattern — initial turbulence followed by longer-term gains as rate relief amplifies the momentum behind assets like equities, bitcoin and gold.

The broader setup explains why traders are watching the Sept. 17 announcement closely.

Cutting rates while inflation edges higher and stocks hover at records risks denting credibility, yet staying on hold could spook markets that have already priced in easing. Either way, the Fed’s message on growth, inflation, and its policy outlook will likely shape the trajectory of markets for months to come.

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated: 

August 22, 2025

ChatGPT’s Bitcoin analysis reveals a dramatic recovery to $116,859 following a sharp rally from $112,320 after Fed Chair Jerome Powell hinted at September rate cuts, despite facing $1.17 billion in ETF outflows and institutional selling pressure throughout the week.

At the same time, Bitcoin maintains a bullish structure above all major EMAs, including 20-day ($113,982), 50-day ($115,333), 100-day ($116,164), and 200-day ($115,943) support levels, positioning for a potential breakout toward $120K resistance despite momentum weakening signals.

Bitcoin shows a healthy RSI at 62.75 with MACD remaining bullish at 328.20 but a negative histogram at -903.78, indicating momentum exhaustion, while moderate 10.83K BTC volume suggests institutional participation during the Powell-driven recovery rally.

ChatGPT’s Bitcoin analysis synthesizes 25 real-time technical indicators to assess BTC’s trajectory amid Federal Reserve policy shifts and institutional distribution pressure while navigating altcoin outperformance and market rotation dynamics.

Technical Analysis: Powell Rally Tests EMA Support Structure

Bitcoin’s current price of $116,859.35 reflects a dramatic intraday recovery despite a -4.04% daily decline from the opening price of $112,320.01, establishing a volatile trading range between $116,988.00 (high) and $111,684.79 (low).

This 4.5% intraday range demonstrates extreme volatility following Powell’s dovish comments, triggering risk-on sentiment.

The RSI at 62.75 maintains healthy neutral-bullish positioning without oversold conditions, providing balanced momentum for potential continuation.

Moving averages reveal exceptional bullish positioning with Bitcoin trading above all major EMAs: 20-day at $113,982 (+2.5%), 50-day at $115,333 (+1.3%), 100-day at $116,164 (+0.6%), and 200-day at $115,943 (+0.8%).

MACD shows a strong bullish structure at 328.20, well above zero, with the signal line at -575.59, but a concerning negative histogram at -903.78 suggests significant momentum deterioration.

Volume analysis shows moderate activity at 10.83K BTC, indicating steady institutional participation during Fed-driven volatility.

ATR maintains extremely high readings at 113,152.27, suggesting massive volatility potential for continued significant moves in either direction based on policy developments.

Market Context: Fed Policy Shift Overrides Institutional Distribution

Bitcoin’s recovery follows Fed Chair Jerome Powell’s Jackson Hole comments hinting at September rate cuts, creating risk-on sentiment that overshadowed week-long institutional selling pressure.

The dovish pivot represents a fundamental catalyst as “markets respond at the hint of a rate cut” with potential for amplified moves upon actual implementation.

The broader context reveals institutional distribution challenges with Bitcoin ETFs facing $1.17 billion in outflows while major holders, including BlackRock and other institutions, have been systematically reducing positions.

Despite this selling pressure, Powell’s rate cut signals create renewed institutional interest in risk assets.

Altcoin outperformance demonstrates market rotation dynamics with Ethereum recovering above $4,800 and BNB achieving new all-time highs.

The 2025 trajectory shows resilience from February’s $84,373 low to current $116K levels, representing 38% appreciation.

Current positioning maintains proximity to July-August highs despite institutional selling.

Market Fundamentals: Strong Metrics Despite Distribution Pressure

Bitcoin maintains dominant positioning with $2.32 trillion market cap (+3.31%) despite institutional distribution challenges.

The market cap growth accompanies increased volume at $80.01 billion (+34.12%), indicating active institutional repositioning.

The 3.46% volume-to-market cap ratio suggests heightened trading activity supporting price stability during policy-driven volatility.

Circulating supply of 19.9 million BTC represents 94.8% of the maximum 21 million supply, with approaching scarcity supporting long-term value despite short-term distribution phases.

Market dominance of 61.40% shows slight weakness relative to altcoins during institutional rotation phases, while the -6.39% distance from August 14’s all-time high of $124,457 demonstrates proximity to recent peaks despite selling pressure.

Current pricing maintains extraordinary 239,486,002% gains from 2010 lows while trading near historic highs, validating Bitcoin’s institutional adoption trajectory despite temporary distribution pressures from ETF outflows and institutional profit-taking activities.

Social Sentiment: Exceptional Performance Amid Policy Catalyst

LunarCrush data reveals outstanding social performance with Bitcoin’s AltRank at #1 during Federal Reserve policy developments.

Galaxy Score of 90 reflects strong sentiment as participants process rate cut implications for risk asset positioning.

Engagement metrics show substantial activity with 5 million total engagements (-500K) while mentions surge to 500K (+100K), demonstrating heightened attention during policy catalyst events.

Social dominance of 43.06% maintains exceptional visibility while sentiment registers at a robust 80% positive despite institutional distribution.

Recent social themes focus on Powell’s dovish pivot, with community discussions emphasizing “false breakdown confirmed” and “inverse head and shoulders” technical patterns.

Notable analyst commentary includes predictions of $175K targets and comparisons to historical rate cut cycles, driving Bitcoin appreciation.

Prominent traders are also identifying double-bottom formations and potential for moves above $127K before Q3 ends.

ChatGPT’s Bitcoin Analysis: Fed Policy Catalyst Meets Technical Resistance

ChatGPT’s Bitcoin analysis reveals Bitcoin benefiting from Federal Reserve policy shift despite institutional distribution headwinds.

The recovery above all EMAs following Powell’s comments demonstrates monetary policy’s continued influence on Bitcoin positioning as a risk asset.

Immediate support emerges at the 20-day EMA around $113,982, followed by strong support confluence at 50-day ($115,333) and 100-day ($116,164) EMAs.

The layered EMA support structure provides substantial downside protection during policy-driven volatility phases.

Resistance begins at today’s high around $116,988, followed by psychological $120K–$122K levels.

Volume patterns and MACD signals suggest institutional positioning continues despite surface distribution, while extreme ATR readings indicate potential for significant moves matching Federal Reserve policy implementation phases and institutional rotation dynamics.

Three-Month Bitcoin Price Forecast: Policy-Driven Scenarios

Rate Cut Rally (50% Probability)

Successful September rate cut implementation combined with continued dovish Fed policy could drive Bitcoin toward $125K–$130K, representing 7–11% upside from current levels.

This scenario requires sustained institutional confidence and policy follow-through validation.

Distribution Consolidation (30% Probability)

Continued institutional profit-taking could result in consolidation between $112K–$120K, allowing distribution completion while monetary policy provides underlying support for risk asset positioning.

Technical Correction (20% Probability)

A break below $113K EMA support could trigger selling toward $108K–$110K levels, representing 7–10% downside.

Recovery would depend on the Federal Reserve policy acceleration and institutional distribution completion.

ChatGPT’s Bitcoin Analysis: Monetary Policy Catalyst Meets Distribution Phase

ChatGPT’s Bitcoin analysis reveals that Bitcoin is positioned for a potential policy-driven breakout despite institutional distribution pressures.

The combination of Fed dovish pivot with technical support above all EMAs suggests that monetary policy influence outweighs short-term selling pressure.

Next Price Target: $125K-$130K Within 90 Days

The immediate trajectory requires holding above $113K EMA support to validate policy catalyst strength over distribution pressure.

From there, the September rate cut implementation could propel Bitcoin toward $125K psychological resistance, with sustained dovish policy driving toward $130K+ breakout levels.

However, failure to hold $113K would signal extended consolidation toward $108K–$110K range, creating an accumulation opportunity before the next policy wave drives Bitcoin toward new all-time highs above $125K as monetary conditions become increasingly supportive.

On-Chain Data Shows ETH Long-Term Bullish, Short-Term Vulnerable

In a QuickTake post on CryptoQuant, CryptoOnChain shares insights on Ethereum’s future price movement based on recent exchange activity. The digital asset analyst notes that after rallying from the $2,400 zone, ETH has climbed to around $4,215, just shy of the strong $4,400 resistance level that has historically acted as a significant supply barrier. While momentum indicators such as the MACD and buying volume remain positive, the approach toward this resistance is accompanied by potential for near-term selling pressure.

Meanwhile, CryptoOnChain also reveals that on-chain exchange metrics reveal a divergence between broader market behavior and activity specific to Binance. Notably, Ethereum’s Exchange Supply Ratio (ESR) across all exchanges has recorded a steady decline since 2022, now standing at approximately 0.16. This development suggests that investors are steadily moving ETH off trading platforms, thereby reducing sell-side liquidity and strengthening the market confidence in the asset’s long-term price outlook.

However, Binance’s ESR has been climbing since early 2025, now hovering near 0.04. This localized increase indicates that some ETH holders are moving coins back into Binance, potentially for short-term profit taking, arbitrage opportunities, or to participate in exchange-specific programs. Adding to the cautious tone, Binance’s exchange netflow has recently seen a notable surge in positive inflows, as Ethereum nears key resistance at $4,400, signifying potential intent to sell.

The combination of these metrics paints a picture of long-term strength but short-term vulnerability for the Ethereum market. From a macro standpoint, the ongoing decline in the all-exchange ESR points to a healthier supply-demand balance for ETH. However, the localized buildup of ETH on Binance, which is the world’s largest exchange, coupled with heightened net inflows, suggests that sellers may be preparing to take profits in the immediate term.

Ethereum Price Forecast

At press time, Ethereum trades at $4,230, reflecting a 4.62% gain in the last day. However, the asset’s daily trading volume has declined by 12.08%.  Considering the current ESR report, CryptoOnChain outlines two scenarios.

In a bullish scenario, a swift drop in Binance net inflows or a leveling off in the exchange’s ESR could open the door for ETH to push decisively past the $4,400 mark, with $4,800 as the next price target amidst the possibility of revisiting all-time highs. Conversely, if strong inflows into Binance persist and the price fails to clear $4,400, ETH could face a short-term pullback, potentially retracing to the $3,950–$4,000 support zone before mounting another breakout attempt.

SPK is up 330% over three days as Spark attracts billions on TVL. The SPK rotated after the ignition airdrop and was fanned by the overdrive phase and exchange list.

Defi Tokens is focused. High lipids and top Ethereum synthesis are trending and reflects the great performance of Ethereum, but attention is quickly exposed to sparks.

Discover: Best Meme Coin ICO for Investing in 2025

SPK Crypto Rallying Increases 220% over 3 days

SPK, the governance token of Spk, is The best cipher to buy Currently, he has achieved an impressive 220% in three days.

This surge was pushed up SPK3 (no data) The profits will be extended from early July to the highest ever high, breaking beyond the June 2025 high.

At spot rates, the path with the lowest resistance is in the north.

On the daily charts, SPK Crypto was registered at $0.188 early today, before retreating.

However, SPK has risen by 80% over the last 24 hours, doubled since the price peaked since yesterday. Top Solanamime Coin.

For now, local support is at its high in June 2025, and buyers will remain in control as long as this level is maintained. SPK Crypto could surge to new levels in the coming days.

What is Spark Crypto?

Spark is a Defi protocol designed to optimize Stablecoin yield.

The platform aims to make Defi more efficient through a range of products.

Sparklend offers a Stablecoin lending market where SPK holders vote for loan interest rates.

https://www.youtube.com/watch?v=61q4cowdm_m

This product is stabilized by Spark Ryoidity Layer (SLL). This is a solution that automates capital across multiple Ethereum Layer-2, including optimism and base.

Simply put, SLL optimizes yield production while ensuring Sparklend receives consistent fluidity.

In addition to lending, users can save money through spark savings. You can deposit silly things like USDC and USDS to get competitive yields. Spark Savings can also be integrated with other Defi protocols.

Spark works as “Sky Star,” a Subdao within Sky Protocol, which was previously a Makerdao.

To benefit its owners, Spark will leverage Sky Protocol’s Stablecoin Reserve.

As a result, the protocol can efficiently deploy capital across Defi, CEFI and actual assets.

Behind this ecosystem is the SPK, which is primarily used for governance. Active holders, such as those participating in staking, can earn Spark Points for additional SPK rewards.

Discover: 13 The best pre-cryptode before investing in July 2025 – Top Token Precels

Why is SPK encrypted?

The catalyst behind the recent surge was the completion of the Ignition Airdrop on June 17th.

Welcome to Spark Ignition Airdrop.

It is the launch moment of a new era of decentralized finance.

Recognizes visionaries. Believers. Someone who saw the future.

The Ignition Phase 1 Eligibility Checker is now live.

Please check if you are eligible pic.twitter.com/mk8aaxkrlm

– Kick (@sparkdotfi) June 12, 2025

Through this airdrop, 20-300 million SPK tokens were distributed to early adopters, causing FOMO.

Prices temporarily fell, but the recovery was strong due to the ongoing overdrive phase, so SPK holders need a stake between July 29th and August 12th.

Overdrive is for those who bet, stay and believe.

You can bet via SPK in the second phase of airdrop @symbioticfi Get share of unclaimed ignition SPK.

Here’s how to secure qualifications pic.twitter.com/6khwdtvatw

– Kick (@sparkdotfi) June 18, 2025

The stakers receive additional SPK tokens based on accumulated spark points.

Currently, over 3,000 stakers have locked in nearly 130 million SPKs.

(Source: Spark)

Spark will also reward users who deposit SUSDC in OP Mainnet and Spark Savings in Unichain.

In an X post, Spark announced that they release around 76,000 OP tokens each week, boosting the yields of savers.

Just unlock more OP Rewards

Spark is now releasing:

~76,000 on/week
~ Increase APY to 4.42% on current TVL

There is no lockup. There are no gimmicks. It’s just pure @Popularity Spark rewards!

Live now until the end of 2025. Start now https://t.co/r70dq71mvl pic.twitter.com/ouexzgapbu

– Kick (@sparkdotfi) July 22, 2025

Additionally, SPK Crypto received improved liquidity after being listed in major exchanges such as Coinbase and Binance. SPK prices at the rally attracted millions of traders across these platforms, and were keen to ride the upward wave, providing even more fuel to FOMO.

Discover: Best New Cryptocurrencies to Invest in 2025 – Top New Cryptocoins

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Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

Share

Last updated: 

July 3, 2025

Bitcoin exchange-traded funds (ETFs) dominated institutional flows, with a massive $407.78 million in daily net inflows on July 2, bringing cumulative inflows to $49.04 billion.

In contrast, Ethereum ETFs faced modest $1.8 million outflows, according to data from SosoValue.

The stark difference resulted from Bitcoin’s continued institutional appeal as BTC reached weekly highs of $109,000 on July 2, positioning it for potential breakouts toward $112,000 targets.

Fidelity’s FBTC led Bitcoin ETF inflows with $183.96 million, followed by ARK21Shares’ ARKB at $83 million and Bitwise’s BITB contributing $64.94 million.

BlackRock’s IBIT, despite recording zero inflows on the day, maintains its dominant position with $76.31 billion in net assets and $52.42 billion in cumulative inflows since launch.

The performance disparity between Bitcoin and Ethereum ETFs followed the broader market trend, as Bitcoin maintains psychological support above the $100,000 level defended since early May.

Total Bitcoin ETF assets under management reached $136.68 billion, representing 6.30% of Bitcoin’s total market capitalization. This indicates a significant level of institutional adoption.

Trading volumes also surged to $5.22 billion across Bitcoin ETFs, with IBIT alone generating $4.08 billion in daily trading activity.

Institutional Momentum Drives Record Bitcoin ETF Adoption

Bitcoin ETF inflows demonstrate sustained institutional conviction, despite broader market volatility, with the latest inflows representing the continuation of aggressive accumulation patterns seen so far in 2025.

Particularly, Fidelity’s FBTC leadership, with $183.96 million in inflows, resulted from the growing competition among major asset managers for Bitcoin market share, following BlackRock’s early dominance.

The growing competition has led to a broad-based institutional adoption, rather than concentrated buying from a single entity.

Interestingly, corporate treasury strategies are increasingly embracing ETF structures over direct ownership of Bitcoin.

Design giant, Figma, recently revealed in its IPO filing that it has $69.5 million in Bitcoin ETF holdings, plus $30 million earmarked for future cryptocurrency investments.

This pattern is becoming increasingly adopted, and public companies that can’t hold directly prefer regulated exposure through established financial products.

Regionally, European expansion is also accelerating through structured products, such as the recent UniCredit’s Bitcoin ETF certificate, designed for Italian professional clients. The five-year instrument offers capital protection with 85% upside participation.

Moreover, the regulatory landscape continues to evolve favorably with the SEC’s July 1 guidance streamlining token-based ETF approvals and enabling a 75-day review process.

The new guidance establishes clearer pathways for crypto ETF approvals by implementing standardized disclosure frameworks that encompass custody practices, conflicts of interest, and creation and redemption mechanisms.

Ethereum ETFs Face Headwinds Despite Previous Momentum

Ethereum ETFs experienced modest $1.8 million outflows on July 2, contrasting sharply with their previous dominance, as they had recorded $240.29 million in daily inflows during June, surpassing Bitcoin ETFs’ performance at that time.

The June surge represented the strongest performance of Ethereum ETFs in four months, coinciding with ETH climbing above $2,800 for the first time since February.

BlackRock’s ETHA led that momentum with $163.6 million in single-day inflows, maintaining a 23-day streak without outflows while managing over 1.55 million ETH valued at $4.23 billion.

Current outflows may result from profit-taking following Ethereum’s technical breakout above multi-year descending trendlines.

The asset completed an inverse head-and-shoulders pattern with projected targets around $3,300, but recent rejection from $2,834 highs suggests consolidation phases before continued advances.

Ethereum staking also reached an all-time high of 34.65 million ETH locked on the Beacon Chain, representing nearly 29% of the circulating supply.

Long-term holders are holding on through staking despite short-term ETF flow volatility. They’re prioritizing yield generation over immediate liquidity.

Regulatory developments further support the growth of multi-asset crypto ETFs, as seen in Grayscale’s Digital Large Cap Fund conversion, which holds Bitcoin (79.9%), Ethereum (11.3%), and also XRP, Solana, and Cardano.

Similarly, the REX Osprey Solana Staking ETF was launched on Wednesday as the first US-listed fund to incorporate crypto staking.

This regulatory development could enable similar Ethereum staking products that combine institutional access with yield generation.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple has teamed up with Japan’s Web3 Salon to back blockchain startups with real money and real support. According to Ripple, each project can tap up to $200,000 in grant funding over the next year. There’s also a 1 Billion XRP commitment aimed at helping builders on the XRP Ledger grow their ventures.

Grant Funding Aimed At Growth

Based on a post on X, the XRPL Japan and Korea Fund will pick early-stage teams in Japan that work on DeFi, tokenized real assets and digital payments. Winners will get as much as $200,000 per project. There’s clear focus on projects that show promise through strong tech and plans to scale. Ripple says funding decisions will hinge on growth potential and how well each team aligns with its goals.

Ripple and @Web3Salon, supported by JETRO, are launching a new partnership for Japan-based Web3 startups: https://t.co/TfcOf62srY

Open to early-stage teams building on the XRP Ledger with a focus on DeFi, tokenization, and payments.

Learn how this program will fuel the next…

— RippleX (@RippleXDev) June 9, 2025

Mentorship And Workshops For Founders

According to the Web3 Salon project, founders won’t just get money. They’ll also join hands-on workshops and one-on-one coaching. Mentors include seasoned entrepreneurs and policy experts. That means help with business plans. It means guidance on dealing with Japan’s rules. It also offers chances to sit at roundtables with regulators and potential backers.

Community Events Line Up Through 2026

Ripple and Web3 Salon will co-host four big events between now and March 2026. Each gathering will put the spotlight on standout teams. There’ll be pitch sessions. There’ll be panels with voices from both inside Japan and abroad. Investor meet-ups will give startups a chance to find more funding. And workshops will cover token rules and cross-border work.

Regulatory Support From JETRO

Japan External Trade Organization, or JETRO, is on board to smooth the path. Reports say JETRO will help connect fintech startups with government bodies. That’s key in Japan’s tightly regulated market. According to JETRO, this move aims to make it easier for new blockchain ideas to pass compliance checks and move forward without getting stuck in red tape.

Bringing Global Partners Together

Beyond cash and coaching, Ripple will open its global network to these startups. Based on statements from Christina Chan, Senior Director of Developer Growth at RippleX, teams will get access to Ripple’s customers and experts. That can speed up testing in foreign markets. It can also spark cross-border payment pilots or token launches with big names.

Why Japan Is In The Spotlight

Japan is known for strong rules and top technical talent. But its strict setup can slow innovation. According to Asia Web3 Alliance Japan President Hinza Asif, this tie-up aims to cut through complexity. It’s about giving founders the tools they need. It’s also about making sure blockchain projects fit local rules and global standards.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

However, numerous users find nothing in their accounts. The problem has caused a wave of complaints on the internet and a call for concrete explanations.

Users Report Missing Pi Balances

According to community reports, hundreds of posts show zero tokens even after following every step. Some users say they waited days. Others say they’ve waited weeks. All of them finished KYC and locked in their accounts on mainnet. Yet their wallets still read “0.00 Pi.” The lack of visible tokens has left many feeling shut out.

Stop talking nonsense. I don’t want to hear it. Give me back that damn $Pi. I’ve worked hard for six years. You still haven’t mapped it for me until now. What’s your reason for constantly delaying? Mapping is the right of every pioneer. Hurry up and map it #Pinetwork
Oh my god. pic.twitter.com/FBQiWAPtwF

— HaiFeng Chen (@haifeng8283) June 5, 2025

Wallet Confusion Deepens Concern

Based on reports, some accounts now link to more than one wallet address. That has users scratching their heads. One person found two wallets under the same profile. Another spotted three. It’s raising questions over how safe the system is. Users are worried they might lose tokens or fall into a trap.

Foundation Moves 277 Million Pi Coins

Blockchain data shows that the Pi Foundation’s wallet ending in “ODM” transferred 276,500,000 Pi coins recently. A withdrawal of 7,380,000 Pi by the same address happened today.

According to on-chain records, weekly withdrawals of large amounts have taken place from OKX exchange. The purpose of these moves remains unexplained by the Pi Core Team.

Community Demands Clear Answers

Community members note it’s been three months without a detailed update from the project’s leaders. They want dates, explanations, and plans. Some posts urge the team to post a public timeline. Others demand live Q&A sessions. The calls are loud enough to push the topic onto the trending list on social media.

Team Issues Wallet Safety Tips

Pi Network’s support channels recently posted a list of wallet safety tips. They discussed good practices for passwords and how to identify phishing. But they failed to address why tokens are concealed. The tips also failed to discuss the sudden emergence of numerous wallets per user.

What Happens Next

Based on user feedback, the project will likely face pressure in the coming days. Some community members say they will pause mining until they see their balances. Others say they’ll shift their attention to rival projects.

Nothing has been confirmed by the Pi Core Team beyond the safety note. It remains unclear when users will see their Pi tokens or receive a full breakdown of those massive transfers. The situation will be one to watch as the network works to rebuild trust.

Featured image from Unsplash, chart from TradingView

Key takeaways:

• US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points.

• Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%.

• Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting at a similar outcome in 2025.

The global financial tides are shifting significantly, and Bitcoin (BTC) price could greatly benefit from it. Recent data indicates that US Treasury funds saw $19 billion in net inflows last week, exceeding the 2020 pandemic peak of $14 billion, with the 4-week moving average rising to $7 billion—the highest since March 2023.

The 30-year US Treasury yield fell by 30 basis points from its April peak, indicating a rise in bond prices as investors are willing to accept lower returns in exchange for the safety of these bonds. This surge in demand for Treasurys as a safe-haven asset boosts market liquidity and stability while lowering US borrowing costs.

However, foreign central banks have pivoted, cutting Treasury holdings to 23% of US government debt, a 22-year low. This suggests that while private investors were possibly driving inflows, foreign central banks are stepping back, possibly due to the ongoing tariff dispute with the US. 

At the same time, gold’s share of global reserves has surged to 18%, a 26-year high, up 8% since 2015, with China doubling its gold reserves to 7.1% since 2023.

This global de-dollarization trend mirrors a pattern that favors Bitcoin. During the 2020 pandemic, when US Treasury inflows spiked amid COVID-19 uncertainty, Bitcoin soared from $9,000 to nearly $60,000 by early 2021, with gold’s share of global reserves rising by 14.5% in 18 months. 

The current environment, marked by a stabilizing bond market and a central bank’s gold rush, implies a similar trigger for Bitcoin’s next bullish move. In 2023, when US Treasury yields rose amid recession fears, Bitcoin gained 47% in a month while the Nasdaq dropped 8.7%. With yields easing and central banks signaling a lack of faith in the US dollar, Bitcoin’s appeal as a global store of value improves.

However, Bitcoin’s bullish narrative could falter if global markets enter a recession in 2025. This is due to investors’ decision to prioritize liquidity and traditional safe-haven assets like cash or US Treasurys during economic downturns, as noted last week, over speculative assets like Bitcoin.

Related: Bitcoin upside could stop at $100K despite $3B in ETF inflows

Google searches for “Bitcoin” at long-term lows, says Bitwise CEO

Anonymous global markets researcher Capital Flows noted that macroeconomic liquidity and positioning factors drive Bitcoin’s bullish price trajectory. The analyst highlighted BTC’s impulse strength in a directional probability skew chart, suggesting that it is poised for an upward movement.

This aligned with Bitwise CEO Hunter Horsley’s observation that Google searches for “Bitcoin” are near long-term lows, suggesting the rally is fueled by institutions, advisers, corporations, and nations rather than retail investors. 

The lack of retail-driven search interest contrasts with historical trends where Bitcoin search volume strongly correlated with its price in the previous cycle (r=91%, per SEMrush data), indicating a shift in market dynamics where institutional adoption is fueling demand.

Related: Bitcoin ‘power law’ model forecasts $200K BTC price in 2025

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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