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Bitcoin rallies 8.1%, surpassing yearly moving average despite Fed rate hikes and bearish news.

Market News
19 Sep 2026
AMBCrypto
View Source
Bullish
Bitcoin rallies 8.1%, surpassing yearly moving average despite Fed rate hikes and bearish news.

Bitcoin has risen 8.1% from its recent low of $75,064 following the Fed's 25 basis point rate hike, pushing it above the yearly moving average for the first time since November 2025. This recovery shows strong market conviction as long-term holders accumulate while short-term holders reduce supply, signaling potential bullish momentum. However, subdued trading activity and upcoming rate hikes pose risks to a full bull run. Overall, Bitcoin's resilience amid tightening liquidity and global rate increases highlights underlying strength in the market.

Bitcoin's recent price movement is provided here as context for readers, with Pluang's market data snapshot as of Sep 20, 2026 07:02 WIB: Out of 50 major cryptocurrencies priced on Pluang, 38 rose and 11 fell today. Notable movers include VET (VeChain) with a 1-day change of +11.88%, BAL (Balancer) at +11.14%, and COTI down -9.53%.

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