FTSE 100 News: Bitcoin Retraces Below $112,500

Crypto News

FTSE 100 News: Bitcoin Retraces Below $112,500 – Remittix Could Rally 30% Before This Weekend

The FTSE 100 opened cautiously higher today, while crypto markets took a different tone with Bitcoin slipping below the $112,500 support line.

Yet while traders eye whether the crypto king can rebound, attention is turning to Remittix, the PayFi altcoin already raising over $26.4 million through 669 million tokens at $0.1130 each. Analysts now suggest RTX could rally 30% by the weekend, positioning it as one of the top cryptos to buy now.

Bitcoin Under Pressure As Key Levels Tested

Source: TradingView

Bitcoin is trading near $112,900 after sharp swings in the last 24 hours, with lows touching $111,478. Market watchers are calling $112,000 the make-or-break level, as holding this support could spark a bounce back to $115,000. Failing to do so risks opening the door to a drop toward the $100,000–$102,000 region.

The 100-day EMA near $111,876 has become a battleground. Historically, this level has acted as a springboard for rallies, but losing it could spell deeper declines. The Short-Term Holder Cost Basis Model at $111,400 reinforces the importance of defending current prices. With liquidity cleared above $124,000 and below $112,000, traders see this range as an orderbook reset that could shape Bitcoin’s next big move.

FTSE 100 Holds Firm Despite Macro Uncertainty

Source: TradingView

In equity markets, the FTSE 100 is set to finish marginally higher, lagging other European indexes. Kingfisher led gains with strong big-ticket sales, while Land Securities and Smiths also impressed. Raspberry Pi, however, declined after weak results.

UK PMI data showed a fifth month of expansion but the slowest pace since May, raising concerns about sticky inflation. While budget measures like shifting tax burdens away from workers are debated, the OECD expects the UK to be the second-fastest-growing G-7 economy this year.

Remittix Price Prediction: Why RTX Could Rally 30% This Weekend

While Bitcoin wrestles with support, Remittix continues to build momentum. Dubbed the next Ripple, RTX is targeting the $19 trillion remittance sector with PayFi rails that connect crypto directly to banks in 30+ countries. Unlike speculative tokens, Remittix has real-world use cases, and its price prediction suggests it could rally 30% by the weekend as new investors pile in.

  • Over $26.4M raised with 669M tokens sold at $0.1130 each
  • Nearly 40,000 investors backing RTX for long-term growth
  • Wallet beta live, supporting 40+ cryptos and 30+ fiat currencies
  • Ranked #1 on CertiK’s Pre-Launch leaderboard for security
  • Confirmed listings on BitMart and LBank are fueling liquidity
  • Daily 15% USDT referral rewards boost community adoption

Analysts compare buying RTX now to buying XRP at just a few cents, highlighting the outsized potential. With Bitcoin still uncertain, Remittix is emerging as the best crypto project of 2025 for investors chasing high growth.

Why Investors See Remittix As The Safer Bet

The latest Bitcoin weakness contrasts with the strength of Remittix, which combines utility, security, and early adoption momentum. For those seeking the next 100x crypto, RTX looks ready to deliver, and a weekend rally of 30% may just be the start of its long-term climb.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway


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Author

Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.

Source: https://coindoo.com/ftse-100-news-bitcoin-retraces-below-112500-remittix-could-rally-30-before-this-weekend/