Yeliz Akmaca 
Bitcoin news today highlights a shift in sentiment as the Bitcoin Bull Index drops while BTC price remains above $115K. At the same time, a U.S. court blocked President Donald Trump’s attempt to remove Fed Governor Lisa Cook ahead of the FOMC meeting.
Bitcoin Bull Index Signals Neutral Sentiment
The Bitcoin Bull Score Index recovered from 20 to 50 in recent days, moving market sentiment from bearish to neutral. Analysts note that the index must rise above 60 to confirm bullish conditions. In late August, Bitcoin broke key support levels, falling from $120K to below $108K.
Additionally, the Crypto Fear & Greed Index climbed from 48 to 52, reinforcing the neutral mood. This shift indicates that investors are positioning cautiously ahead of the Federal Reserve decision. Importantly, Bitcoin now trades steadily above $115K, showing signs of resilience.
Investors Await Fed Rate Cut Decision
Crypto traders are watching the Federal Reserve’s September 17 meeting closely. Markets widely expect a 25 basis point rate cut, but a larger reduction would likely spark stronger moves across crypto assets.
Meanwhile, Bitcoin trading volume jumped 54% in the last 24 hours, signaling renewed activity. BTC traded between $114,461 and $116,747 intraday, holding firm near the upper range. This reflects increasing interest in both Bitcoin and the wider crypto market analysis.
Court Blocks Trump, Protects Fed Independence
The U.S. District Court for the District of Columbia stopped President Trump from removing Fed Governor Lisa Cook. Judge Jia Cobb issued an order ensuring that Cook maintains her voting rights in the FOMC meeting. The court also required Fed Chair Jerome Powell and the Board of Governors to protect her full rights.
At the same time, the Senate confirmed Trump’s nominee Stephen Miran as a new Fed Governor. This means both Cook and Miran will vote at the upcoming FOMC meeting, underlining the importance of Fed independence for monetary policy.
Key Takeaways
- Bitcoin Bull Score Index rose from 20 to 50, signaling neutral sentiment.
- Fear & Greed Index increased to 52, reflecting cautious optimism.
- Court blocked Trump from removing Lisa Cook before the FOMC.
- BTC price holds above $115K as traders await the Fed decision.
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