Bitcoin failed to reclaim $110,000 despite high hopes post-options expiry, facing bearish momentum due to regulatory uncertainty and investigation fears. US economic data showed 2.7% PCE price index rise in August, matching forecasts. Traders now expect interest rates to stay above 3.75%. Gold hit $3,770, nearing all-time high, while S&P 500 gains followed 0.6% rise in US consumer spending for August. The strong US economy supports stock markets amid trade war worries. Cryptocurrency treasury firms face SEC scrutiny over unusual trading volumes. Lack of progress on US Strategic Bitcoin Reserve plan adds to Bitcoin traders’ frustration amidst regulatory pressure.

Read more at Cointelegraph: Bitcoin Fails To Hold $110K, Here’s Why