Crypto Markets Consolidate Ahead of Key Data Week; SOL and DOGE Climb
10/9/2025
Cryptocurrencies traded in a narrow range last week, with bitcoin underperforming peers and gold as traders adopted a cautious stance ahead of U.S. CPI, PPI, and central bank announcements. Solana (SOL) and Dogecoin (DOGE) led gains amid pockets of rotation.
Bitcoin (BTC) hovered around $111,500 on Monday, consolidating as investors weighed macroeconomic catalysts. Ether (ETH) traded near $4,312, XRP at $2.96, and BNB (BNB) at $880. SOL rose to $218, while DOGE extended its 11.6% weekly gain to $0.24, boosted by the upcoming launch of the first-ever U.S. memecoin ETF on Thursday.
“BTC treaded water last week, lagging both peers and traditional assets like equities and gold,” said Augustine Fan, head of insights at SignalPlus, noting softer buying in digital asset trusts and slower inflows on exchanges.
Macro developments could shift sentiment. “This week is pivotal as U.S. economic data and Fed decisions converge,” said Lukman Otunuga, senior market analyst at FXTM. Cooler CPI or payroll revisions could favor Fed cuts, weaken the dollar, and lift alternative assets, while sticky inflation may increase volatility.
Investors remain cautious. “Traders are torn between bearish signals and the risk of missing upside,” said Justin d’Anethan, founder of Poly Max Investment. Public companies now hold roughly 1 million BTC.
“BTC consolidating around $111K is healthy for long-term holders; pullbacks of 10–15% in bull runs have historically not broken trends,” he added.
Traders are watching CPI, PPI, the dollar, and DAT premia closely for potential market moves.
About The Author
More Stories
Bitcoin tumbles toward $60,000, on track for its largest single-day drop since the FTX collapse.
One indicator shows Bitcoin at its third-highest oversold level ever, hinting that a sharp rebound may be imminent.
Bitcoin slips below $70,000 as crypto selloff intensifies ahead of the U.S. equity open.