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As September ends, Bitcoin reclaims $114K – a meaningful intraday bounce that also pushes the total crypto market cap back above $3.9T.
BTC closed near $113,985 after briefly touching $114,309, and traders are now eyeing $108K as support and $114,309 as immediate resistance, with a stronger ceiling sitting near $117K.
XRP and Ethereum are also up by 0.89% and 2.44% respectively.
In other news, the S&P 500, Nasdaq, and gold are in the green, with the US Treasury’s gold holdings crossing $1T in value.
A likely contributor to this is the Fed’s 25-basis-point rate cut, which has significantly lowered the hurdle rate for risky bets, bleeding into high-beta assets like altcoins and new meme coins on presale.
And Maxi Doge ($MAXI) stands out among them, having already raised $ 2.6M in presale.
BTC Consolidates as Risk Appetite Grows – The Perfect Backdrop for Altcoins
Bitcoin’s RSI is holding neutral, the ADX is below 20 (indicating no clear trend), and the EMA50 is still above the EMA200 but with a closing gap (death-cross risk). These all suggest a consolidating market with choppy ranges and volatility spikes.
If $BTC breaks above nearby resistance, it can ignite a more substantial rally. However, if it slides below the support level, traders may shift to safer assets, triggering profit-taking in altcoins.
Many users have placed the odds at 53% that $BTC will hit $125K before dropping to $105K.
The Fed’s recent rate cut is also a clear signal of easier monetary conditions, which will make borrowing cheaper, pushing investors toward riskier, higher-return assets.
The S&P 500 is up by 0.26% and Nasdaq by 0.48%, led by tech giants like Nvidia, AppLovin, and Microsoft. Big tech rallies also lift the overall market sentiment, increasing investor risk appetite.
This creates a liquidity-rich environment where money isn’t just flowing into Bitcoin, but also into smaller, high-beta plays.
Against this backdrop, Maxi Doge’s presale is thriving with whales flexing their entries early.
Gym-Bro Energy Meets High-Risk Trading: Inside the Maxi Doge Presale
Dogecoin’s the family golden boy, the meme coin everyone knows. Fame, glory, mainstream headlines, he has got it all.
But lurking in the shadows at every family gathering was his jacked cousin- Maxi Doge ($MAXI). A Doge Bro forged in rejection, built in rage, and fueled by pure gym-bro discipline.
His eyes burn with charts, candlesticks reflecting off his shades at 3 am, because his motto is simple: ‘The crypto market never sleeps, so why should I?’
Maxi Doge is the degen’s dream — a no-stop-loss, 1000x leverage, retire-at-22 kind of play. He doesn’t hedge; he doesn’t fold. He goes all-in, flexing harder than a double scoop of pre-workout at 5 am leg day. That’s the kind of mad energy Maxi Doge embodies.
Maxi Doge has already raised $2.6M in presale, making serious waves in the market. Whale purchases of $37.3K and $12.9K into $MAXI reflects the strong conviction in the project.
Today, one $MAXI sits at $0.00026, with dynamic staking rewards offering a massive 129% APY.
As more traders join the project, staking rewards will gradually decrease, making now the perfect opportunity to lock in presale gains. With the next price jump expected tomorrow, the clock is ticking for early entrants.
Join the Maxi Doge presale to secure your tokens.
This is not financial advice. The cryptocurrency market is highly volatile. Always do your own research before making any investments.
Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/bitcoin-bounces-past-114k-market-turns-green-maxi-doge-pumps
