Commodities
Rate Hike Fears Press Bitcoin and Gold Amid Two More Expected Hikes
The Federal Reserve's first interest rate hike since 2023 has led to a brief dip in Bitcoin and gold prices, but they have since stabilized. Investors are anticipating two more rate hikes in October and December 2026, which could strengthen the US dollar and put pressure on these assets.
Bitcoin is consolidating between $76,000 and $80,000, defending key support levels despite selling pressure from ETF outflows. Gold has recovered above $4,300 but may retest lows if further hikes are priced in.
The market for Bitcoin shows resilience, with a 1.38% gain on Pluang as of September 17, 2026, and a balanced 50-50 sell-buy order activity indicating steady investor engagement.