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Bitcoin rises 30% despite Fed rate hike and stalled crypto bill, hitting $84K amid mixed market signals.

Market News
12 Oct 2026
Blockonomi
View Source
Bullish
Bitcoin rises 30% despite Fed rate hike and stalled crypto bill, hitting $84K amid mixed market signals.

Bitcoin surged about 30% in weeks, breaking a downtrend and surpassing key moving averages, reaching $84,171 on September 25, 2026. This rally occurred despite the Federal Reserve's first rate hike since 2023 and the Senate blocking a major crypto bill, alongside new crypto regulations from the SEC and CFTC. The price movement reflects a mix of technical strength, eased Treasury yield pressure, and ongoing regulatory uncertainty. Going forward, Bitcoin's trajectory depends on inflation trends, Fed policy, and potential legislative changes, with key support and resistance levels guiding traders amid a complex market environment.

Bitcoin trades at Rp1.495.152.298 on Pluang as of Oct 12, 2026 15:32 WIB, showing a modest 0.90% gain in the last day. This continued strength follows the recent rally highlighted in the news, with a market cap of Rp30.205,52 trillion and active trading volume of Rp292,95 trillion. Pluang users currently favor buying, with 68% of order activity on the platform, and typical holding periods averaging 111 days, indicating sustained investor interest despite regulatory challenges.

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