Crypto Morning News: Bitcoin Climbs to 112K as AI Flows Rise and Geopolitics Weigh on Markets

Key takeaways

U.S. equity inflows surged on renewed AI optimism, with Nvidia’s OpenAI-related signal driving demand.
Trump authorized troop deployments in Portland as Russia intensified strikes on Kyiv and Gaza talks moved to the White House.
U.S. inflation held steady at 2.7% while the PBoC pledged more support. Additionally, OPEC+ hinted at another November output hike.
Bitcoin reclaimed $111K while gold firmed above $3,770, underscoring steady safe-haven demand alongside crypto gains.

Geopolitics & Market Sentiment

On September 29, 2025, markets showed resilience with renewed demand for AI-linked stocks boosting risk appetite, while traders digested geopolitical strains and a steady stream of macro updates.

On the diplomatic front, President Donald Trump authorized troop deployments to Portland and signaled a harder line on domestic security, while Russia launched one of its most sustained aerial attacks on Kyiv in months, intensifying pressure on Western allies.

In parallel, Trump said he aims to finalize a Gaza peace plan in a White House meeting with Israel’s Benjamin Netanyahu, keeping Middle East risk squarely in focus.

On the economic front, U.S. data showed August inflation running at 2.7% year-on-year with consumer spending going firmer, nudging longer-dated Treasury yields higher even as traders look to October and December for additional Fed rate cuts.

Furthermore, attention is turning to this week’s labor report, which is expected to show non-farm payrolls rising by 39,000 with unemployment at 4.3%. These figures will indicate whether the job market is slowing in an orderly way, though a possible government shutdown could delay the release.

In China, the PBoC pledged to step up policy support and better align fiscal-monetary levers, signaling readiness to maintain ample liquidity amid softer domestic momentum and rising trade frictions.

Meanwhile, oil stayed in focus as OPEC+ members prepared to discuss another November output increase of at least 137,000 barrels per day after recent quota hikes, according to Reuters, while U.S. equity flows flipped positive with AI leadership back in the spotlight following Nvidia’s OpenAI-related investment signal.

In Crypto, major tokens advanced over the past 24–48 hours with Bitcoin pushing back above $111,000, Ethereum recovering toward $4,100 and Solana going above $209, as steadier risk sentiment and expectations of further Fed easing underpinned digital assets. Meanwhile, Bitcoin’s dominance hovered near 58.5%, reflecting broad-based participation but continued leadership by BTC.