Bitcoin Holds Steady Amid Rate Hike Concerns
The Federal Reserve's first interest rate hike since 2023 has caused Bitcoin and gold prices to dip, but they have since stabilized. Investors are anticipating two additional rate hikes in October and December 2026, which could strengthen the dollar and put pressure on these assets lower.
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 cap of Bitcoin stands at Rp27.163,3 trillion with a balanced 50% sell and 50% buy order activity, indicating steady investor engagement despite the Federal Reserve's tightening stance. This stability in Bitcoin's price aligns with the news of consolidation between $76,000 and $80,000, suggesting cautious optimism in the face of potential further hikes.
Bitcoin trades at Rp1.364.516.189 on Pluang, showing a 1.38% gain as of Sep 17, 2026 19:21 WIB, reflecting resilience amid rate hike concerns.