Bitcoin News Today: BTC Recovers Above $112k While Deutsche Bank Predicts Accumulation By Central Bank

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Bitcoin news today

Bitcoin news today is trending with the BTC price recovering above the $112,000 mark after dipping to a new weekly low of $111,066. 

On September 18th, it reached a new monthly high of $117,998 but edged lower after a sharp wave of liquidations and cautious remarks from Fed Chair Jerome Powell, as markets looked ahead to key U.S. inflation data. 

Currently, BTC is trading at $112,885 with a market capitalization of $2.24 trillion and a 24-hour trading volume of $48.25 billion.

Meanwhile, a recent report by Deutsche Bank analysts has sparked optimism in the crypto market. The analysts noted that Bitcoin could join gold on central bank balance sheets in the future, which signifies its long-term value. 

This prediction could propel Bitcoin infrastructure projects to new heights as demand continues to rise. A standout candidate for this growth is Bitcoin Hyper, the first layer-2 on Bitcoin. The project has already raised $18 million in its presale and is poised to surge after its launch.

Bitcoin Set to Join Gold on Central Bank Balance Sheets

Deutsche Bank is projecting that Bitcoin and Gold can co-exist in central banks’ reserves within the next five years. 

The bank’s research suggests that Gold will likely remain the main official reserve. Bitcoin, on the other hand, is poised to grow initially as a private and alternative reserve, and may begin appearing on central bank balance sheets by 2030.

Source: dbreseach

Analysts noted, “With regulatory efforts accelerating – from the US to MICA in the EU and the FCA’s crypto roadmap in the UK – we expect Bitcoin’s volatility to decline as more transactions are conducted, ensuring deeper liquidity in the markets.”

Bitcoin’s short-term volatility, which has long been a hindrance, is now easing. Its volatility dropped to an all-time low in August, despite its surge above $120,000 mark, indicating that it might be breaking away from its old image as a purely speculative asset.

The report further added, “Bitcoin’s price now hovers around $113,000-$118,000, and we believe the crypto has more room to run and will rise back up to $120,000 levels by the end of this year.”

BTC Price Still Rides Short-term Volatility Waves

Bitcoin is experiencing a short-term correction, fueled by profit-taking and a cautious approach by the Fed. The price broke below $112k on Monday’s sharp drop, but now seems to be recovering with support around the same zone. 

Bitcoin news today

Bitcoin price chart. Image Courtesy: TradingView

Fundamental changes are supported by social media hype and technical indicators, such as the RSI, which is pointing higher. Traders expect BTC to add long-term value, but most of the momentum still depends on the market environment.

Analysts believe Bitcoin could climb past $150,000 if current market conditions remain steady. Crypto analyst AshCrypto compared Bitcoin and gold’s historical charts and deduced that it could surpass the $150,000 mark in Q4 2025. 

However, it is essential to note that Bitcoin and the broader cryptocurrency market remain highly volatile, so investors should approach them with caution.

Bitcoin Hyper Set to Ride the Bitcoin Rally

Bitcoin news today

As Bitcoin progresses to join the traditional asset class, expert crypto investors are shifting their focus to infrastructure projects that could drive institutional volume, and that is what Bitcoin Hyper is doing. 

Bitcoin’s scalability is limited due to its slow speed and higher cost, and its UTXO model makes smart contracts much more complicated than on Ethereum. The Bitcoin Hyper project is introducing a layer-2 platform on Bitcoin, which opens its $2 trillion liquidity for memes, DeFi, and dApps.

The platform will use advanced Solana Virtual Machine (SVM) tooling, ZK-rollups, and a trustless canonical bridge to deliver speed, security, and flexibility. It can handle thousands of transactions per second while supporting smart contracts

Bitcoin Hyper’s main features:

  • $18 million raised and over 500 million tokens sold
  • Fast and cheap transaction on Bitcoin
  • Low market cap, which provides explosive growth potential
  • Attractive staking rewards for early participants
  • Coinsult and Spywolf verified & ranked #1 pre-launch token

While Bitcoin news today drives volatility, HYPER, at just $0.012965, is priced for strong growth, particularly when you factor in staking rewards and a low market cap. If the current sentiment persists, this underdog utility token could very well surpass the performance of established coins in the year ahead.

By Pradeep Chandravanshi

Pradeep is a crypto enthusiast and fintech journalist with over six years of hands-on experience in the cryptocurrency space. He’s written more than 4,000 articles, blending technical know-how with market insight to break down complex topics in a way that’s easy to follow. With a strong focus on both analysis and industry trends, Pradeep’s work aims to keep readers informed, engaged, and ahead of the curve in the fast-moving world of digital finance.