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Bitcoin struggles above $76,800 as strong US jobless claims support Fed rate hikes

Market News
17 Sep 2026
Crypto news
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Neutral
Bitcoin struggles above $76,800 as strong US jobless claims support Fed rate hikes

Bitcoin briefly rose to $76,800 after US initial jobless claims fell to 196,000, signaling a strong labor market that supports the Federal Reserve's recent rate hike to 3.75%-4.00%. The strong job data reduces pressure on the Fed to cut rates soon and raises the likelihood of another rate increase this year, which could weigh on Bitcoin by making safer assets more attractive. Bitcoin faces resistance at $77,500 and $80,500-$82,000, with analysts noting it needs to break these levels for stronger momentum. Political setbacks for crypto regulation also add uncertainty to Bitcoin's near-term outlook.

Bitcoin's recent price action near $76,000 is offered here as context for readers. For those tracking cryptocurrency markets, as of Sep 17, 2026 22:52 WIB, 46 out of 50 major cryptocurrencies on Pluang rose today. Among them, LINK gained 6.55% to Rp201.768 with a typical hold time of 63 days and a Pluang order activity of 53% Sell / 47% Buy, XLM rose 6.51% to Rp3.290 with 83 days hold time and 60% Sell / 40% Buy, while ADA increased 6.17% to Rp3.595 with 126 days hold time and 39% Sell / 61% Buy.

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