Bitcoin is holding firm above the $110,000 level as investors await clarity on the US Federal Reserve’s monetary policy. The next Fed meeting has become a central focus, with speculation mounting that an interest rate cut could be announced, potentially reshaping risk appetite across global markets. For now, BTC is consolidating within a tight range, reflecting the market’s cautious stance ahead of this key macroeconomic event.
At the same time, fresh onchain data highlights an encouraging trend for long-term confidence. According to analyst Darkfost, demand from Bitcoin accumulator addresses is skyrocketing, reaching a new record. These specific wallets are characterized by steady BTC purchases without selling activity, effectively signaling conviction among holders with long-term horizo