Bitcoin Price Plunges 4% Amid Fed Rate Hike

The recent Federal Reserve rate hike has sent shockwaves through the crypto market, causing a significant drop in Bitcoin's price and sentiment. The Bull Score Index, which measures key sentiment gauges for Bitcoin, fell sharply from 80 to 30 after the interest rate increase. This shift indicates a move from bullish to bearish sentiment amid concerns over tighter monetary policy.

Bitcoin's price dropped about 4% to around $76,000, with further rate hikes expected, potentially pushing the target range to 4.25%. For a sustained bullish trend, the Bull Score Index must rise above 60 and Bitcoin's price must exceed $83,000.

However, Bitcoin on Pluang shows resilience, with a price of Rp1.361.900.667 as of Sep 18, 2026 00:02 WIB. The platform records a positive 1-day change of 1.68%, contrasting the article's note of a 4% price drop. Users currently favor buying, with 70% of order activity leaning towards purchases.