According to data from CoinMarketCap, this morning (September 12), Bitcoin (BTC) is being traded at 115,954 USD, up about 1.8% over the previous 24 hours.
In the past 24 hours, the world's largest digital currency recorded the highest level of nearly 116,000 USD and the lowest level of about 113,000 USD, with a trading volume of more than 48.3 billion USD and a market capitalization of approximately 2.31 trillion USD.
The fluctuating range shows that the market is in the exploration phase, not yet breaking through but there has not been a strong adjustment.
Ethereum (ETH) maintained its price range around $4,400, down slightly from the previous session but still holding firm above the important technical support threshold.
Meanwhile, Solana (SOL) traded steadily in the 220-230 USD range, benefiting from expectations of the launch of the Solana ETF and increased interest in institutional capital.
The development of these altcoin contributes to strengthening the general sentiment in the market, which is showing signs of shifting from a state of excitement to caution.
The US consumer price index (CPI) report for August released this week recorded a 2.9% increase compared to the same period last year. This figure is in line with market expectations, showing that inflation remains high but does not cause negative surprises.
In addition, US core inflation increased as expected in August.
Immediately after the data was released, Bitcoin bounced slightly, reflecting expectations that the US Federal Reserve (FED) could maintain a stable policy and consider cutting interest rates in the coming sessions if inflation continues to cool down. This is considered one of the factors keeping the leading digital currency from falling below the 115,000 USD mark.
ETFs Bitcoin also continue to play a key role as a support. Recent reports have recorded positive net cash flow, showing the increasingly clear participation of institutional investors.
However, the market still faces a big challenge at the resistance level of 115,000-116,000 USD. If it fails to get past this zone, Bitcoin is likely to adjust back to the 110,000-113,000 USD mark, which is considered the nearest support zone.
In general, the digital currency market on September 12, 2025 is in a stable and accumulated state. Bitcoin holds its high price range while Ethereum and Solana show good resilience, continuing to attract cash flow.
Investors are currently focusing on closely monitoring the macro developments from the US and the next moves from the FED to determine a clearer trend in the coming time.
In Vietnam, Bitcoin and other cryptocurrencies are not recognized as legal payment methods and are not protected by law. Investors need to be cautious, avoiding risks from strong price fluctuations and fraud related to cryptocurrency.
