W3BStation
Markets
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
09/25/2025

Bitcoin Faces Risk of Retesting the $110,000 Level as the Dollar Surges

The crypto market is under pressure as U.S. jobs data beat expectations, the dollar strengthens, and hopes for a Fed rate cut fade. Bitcoin (BTC) is projected to potentially retest the $110,000 level in the near term. U.S. Jobs Data Adds Pressure Fresh data shows U.S. weekly jobless claims came in below forecasts, signaling continued resilience in the labor market. The news led investors to scale back expectations for an imminent Federal Reserve rate cut

Bitcoin Faces Risk of Retesting the $110,000 Level as the Dollar Surges

The crypto market is under pressure as U.S. jobs data beat expectations, the dollar strengthens, and hopes for a Fed rate cut fade. Bitcoin (BTC) is projected to potentially retest the $110,000 level in the near term.

U.S. Jobs Data Adds Pressure

Fresh data shows U.S. weekly jobless claims came in below forecasts, signaling continued resilience in the labor market. The news led investors to scale back expectations for an imminent Federal Reserve (Fed) rate cut.

The dollar reacted sharply, with the DXY index climbing to its highest level in three weeks. The greenback's strength weighed on risk assets across the board — from equities and gold to crypto.

Bitcoin Slides Back Toward $110,000

Data from Cointelegraph Markets Pro and TradingView shows Bitcoin's price dropped to a local low of $110,658 on Bitstamp.

Analytics firm Swissblock says the market is in a "fragile equilibrium." If BTC fails to hold $110,000, the downtrend could pull prices back toward the $100,000 zone. On the flip side, a recovery would require Bitcoin to reclaim the $115,200 area.

"$110,000 is the max pain point. A retest of this level looks increasingly likely, especially ahead of Friday's $17.5 billion options expiry," Swissblock noted.

A Short Squeeze Setup?

Despite the cautious mood, some traders remain optimistic, pointing to the outsized short positioning in the market. According to data from TheKingfisher, roughly 69% of pending liquidations on BTC are short positions — a setup that could trigger a short squeeze, where prices spike sharply as sellers are forced to cover.

Outlook

Against a backdrop of macro uncertainty and global geopolitical tensions, Bitcoin continues to chop around the $110,000–$115,000 range. Price action over the next few days — particularly in the wake of the major options expiry — will determine whether BTC can hold its key support zone or whether a deeper decline is in store.