{"id":49502,"date":"2025-08-29T21:52:00","date_gmt":"2025-08-29T18:52:00","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=49502"},"modified":"2025-08-29T21:52:00","modified_gmt":"2025-08-29T18:52:00","slug":"whats-happening-with-bitcoin-why-did-the-price-drop-below-109000","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/whats-happening-with-bitcoin-why-did-the-price-drop-below-109000\/","title":{"rendered":"What&#8217;s Happening with Bitcoin? Why Did the Price Drop Below $109,000?"},"content":{"rendered":"<p>The Bitcoin price has fallen below $109,000 according to the latest data. This decline is thought to be due to PCE data from the US. Meanwhile, expectations of an interest rate cut by the Fed in September are also gradually diminishing.<\/p>\n<p>The crypto markets are experiencing another moment that is unsettling for people. There has been an unexpected and significant decline in the price of Bitcoin. Bitcoin falling below $109,000 is also frightening investors. This decline is creating a sense of hopelessness, especially as markets had been expected to rise in recent times. Looking at the reasons behind this, it can be said that data from the US is behind it.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/whats-happening-with-bitcoin-why-did-the-price-drop-below-109000\/#Did_Bad_Data_from_the_US_Affect_Bitcoin\" title=\"Did Bad Data from the US Affect Bitcoin?\">Did Bad Data from the US Affect Bitcoin?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/whats-happening-with-bitcoin-why-did-the-price-drop-below-109000\/#Bitcoin_Price_Drops_to_109000\" title=\"Bitcoin Price Drops to $109,000\">Bitcoin Price Drops to $109,000<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/whats-happening-with-bitcoin-why-did-the-price-drop-below-109000\/#Will_the_Bitcoin_Price_Rise_Again_How_High_Will_It_Go\" title=\"Will the Bitcoin Price Rise Again? How High Will It Go?\">Will the Bitcoin Price Rise Again? How High Will It Go?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Did_Bad_Data_from_the_US_Affect_Bitcoin\"><\/span><strong>Did Bad Data from the US Affect Bitcoin?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Although the data coming from the US was not bad, the figures may still have negatively affected some markets. According to the figures, the US annual core personal consumption expenditure price index was set at 2.9%. However, expectations in this area were also at the same rate. But the previous figures of 2.8% were enough to trigger fears of inflation.<\/p>\n<p>As a result of the lack of the desired decline in the data, expectations of an interest rate cut by the Fed in September turned into despair among individuals. This situation inevitably had a negative impact on the prices of both Bitcoin and cryptocurrencies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bitcoin_Price_Drops_to_109000\"><\/span><strong>Bitcoin Price Drops to $109,000<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Looking at the crypto chart dated August 29, 2025, it is possible to see that the Bitcoin price has fallen below $109,000. In fact, it fell as low as $108,500 and began to rise again after that point. Although it has continued to recover since then, it is difficult to say how far the rise will go at this point.<\/p>\n<p>In the cryptocurrency market, it is now widely believed that US data has a major impact on the market. Investors can even set specific amounts on days when data from the US is released. Otherwise, investors may face serious losses if their expectations are not met.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Will_the_Bitcoin_Price_Rise_Again_How_High_Will_It_Go\"><\/span><strong>Will the Bitcoin Price Rise Again? How High Will It Go?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Generally speaking, the Bitcoin price recovers after every decline. In the coming hours, it may advance towards the $110,000 level again. In fact, experts believe that this decline will not continue for long.<\/p>\n<p>Based on the information provided, it is thought that Bitcoin, which has passed the $110,000 level, will reach $115,000 again. However, in such a case, if the decline increases and the price falls below $108,500 again during this process, levels such as $107,000 can also be expected for the price.<\/p>\n<p class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n<p class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">*DOES NOT CONTAIN INVESTMENT ADVICE*<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin price has fallen below $109,000 according to the latest data. This decline is thought to be due to PCE data from the US. Meanwhile, expectations of an interest rate cut by the Fed in September are also gradually diminishing. The crypto markets are experiencing another moment that is unsettling for people. There has<\/p>\n","protected":false},"author":33,"featured_media":48905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,23018],"class_list":["post-49502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-109-000"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What&#039;s Happening with Bitcoin? Why Did the Price Drop Below $109,000? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Why did the Bitcoin price drop? 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