Bitcoin price today: little changed as investors await more geopolitical news

Investing.com-- Bitcoin traded little changed Tuesday, rebounding slightly after briefly falling below $115,000, as investors assessed Federal Reserve easing bets and geopolitical risks around potential Russia-Ukraine talks for a peace deal.

At 09:38 ET (14:38 GMT), the world’s largest cryptocurrency traded 0.3% higher at $115,640.

It climbed to a record above $124,000 last week but pulled back after hotter-than-expected U.S. producer, import price data rekindled tariff-driven inflation concerns.

Other tokens were also rangebound on Tuesday, with analysts suggesting crypto markets have moved back to a consolidation phase.

Geopolitical uncertainty dims risk appetite

Investors responded to Monday’s White House summit, where U.S. President Donald Trump hosted Ukrainian President Volodymyr Zelenskiy and European leaders to discuss future peace efforts. 

Trump signaled he was arranging direct talks with both Moscow and Kyiv and even hinted at a potential trilateral summit. While Zelenskiy expressed guarded optimism, no concrete agreements emerged, raising geopolitical uncertainty. 

That sentiment has weighed on cryptocurrencies, traditionally sensitive to shifts in risk appetite.

Fed policy uncertainty adds to crypto headwinds

Markets are also bracing for the Federal Reserve’s annual symposium in Jackson Hole, where Chair Jerome Powell will speak on Friday. 

Traders have softened expectations for a larger cut in September, with futures now pricing in roughly an 83% chance of a 25-basis-point reduction, after earlier optimism of a more aggressive move. 

Recent U.S. inflation data, especially hotter-than-expected producer prices, have dampened hopes for aggressive monetary easing, sapping momentum from risk-sensitive assets like Bitcoin.

Bernstein forecasts ’long crypto bull market’ before peaking in 2027

Bernstein analysts expect the crypto rally to last several more years, projecting what they called “a long crypto bull market, continuing the surge into 2026 and potentially peak in 2027.”

The team led by Gautam Chhugani said earlier forecasts had Bitcoin topping out in 2025 or early 2026, but policy support under the Trump administration has extended the cycle.

“We believe we are in the middle of a digital assets revolution backed by regulatory reform,” they wrote.

Bitcoin is now seen reaching $200,000 within 6–12 months, with inflows spreading to Ethereum, Solana, and other leading tokens.

Bernstein also lifted targets for crypto-related stocks, with Coinbase (NASDAQ:COIN), Robinhood (NASDAQ:HOOD), and Circle all rated Outperform at $510, $160, and $230, respectively.

Crypto price today: altcoins subdued amid risk-off mood

Most altcoins traded in tight ranges as traders sought clarity around major macro developments.

World no.2 crypto Ethereum fell nearly 1% to $4,312.61, after jumping near record high levels last week.

World no. 3 crypto XRP rose 0.4% to $3.01.

Solana fell 0.6%, while Cardano gained 1.4%. Polygon traded nearly flat. 

Among meme tokens, Dogecoin lost 1.5%, while $TRUMP fell 1%.

Ayushman Ojha and Peter Nurse contributed to this article