THE Bitcoin (BTC) is falling this Thursday (11), investors digesting messages from the Federal Reserve (Fed, American central bank) after yesterday’s decision on interest rates in the United States. The announcement of a further reduction in interest rates in 2026, as well as the mention of committee members who did not think it was “appropriate” to reduce interest rates again, weighs more for the moment than the start of the purchase of US Treasury bills (T-bills).
As of 10:12 a.m. Brasilia time, bitcoin had fallen 2.2% in the past 24 hours, trading at US$90,060, according to CoinGecko data. In reais, the digital currency fell 2.1% to R$491,063, according to a quote from Cointrader Monitor.
Among altcoins, ether, a digital currency on the Ethereum network, fell 3.6% to US$3,202. Meanwhile, XRP, Ripple’s international payments token, fell 2.6% to $2.01; Solana (SOL) recorded a 4.6% devaluation to US$131.33; and BNB (Binance Smart Chain token) recorded losses of 2.3% to US$867.44.
The combined market value of all cryptocurrencies in the world currently stands at $3.16 trillion.
In a report, consulting firm Vault Capital claims that the downward pressure on bitcoin will only accelerate if the cryptocurrency loses the US$87,765 level in the current decline. If that happens, consultants forecast a target of $84,000 to $85,500 and, in the extreme scenario, look for levels of $78,000 to $75,000.
“A healthy structure depends on maintaining the current region and resuming momentum towards the 92,410 range,” he assesses.
Paulo Aragão, host of the Giro Bitcoin podcast, says that despite the decline, the medium-term scenario remains constructive. “If Bitcoin manages to defend the region of recent lows, or even slightly below them, the context of greater liquidity generated by the Fed tends to favor a subsequent recovery,” he underlines.
In spot Bitcoin exchange-traded funds (ETFs) operating on US exchanges, a positive net balance of $223.5 million was recorded yesterday.
Leading the flow of buyers was BlackRock’s IBIT, with $192.9 million in excess purchases over sales.
In ether ETFs, the flow was positive at US$57.6 million, in the third consecutive session of inflows. The largest buying target was BlackRock’s ETHA, at $56.5 million.
Finally, in the solana ETFs, the balance was positive at 4.9 million US dollars.
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