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Bitcoin holds near $77K as market awaits Fed's likely rate hike this week.

Market News
20 Sep 2026
Zycrypto
View Source
Bearish
Bitcoin holds near $77K as market awaits Fed's likely rate hike this week.

Bitcoin has stabilized around $77,000 as the crypto market anticipates the Federal Reserve's interest rate decision this Wednesday, with a 90% chance of a 0.25% hike. After peaking at $81,200 in late August, Bitcoin retreated and consolidated in the $76,000-$78,000 range, reflecting cautious optimism amid rising volatility. The expected rate increase could tighten financial conditions and reduce appetite for riskier assets like cryptocurrencies, potentially pushing Bitcoin's price down toward $70,000 or lower. Investors are closely watching this event as it poses significant risks to the crypto market's recent rally.

Bitcoin's price stability around $77,000 coincides with Pluang's market snapshot as of Sep 21, 2026 02:21 WIB. Of 50 major cryptocurrencies priced on Pluang, 22 rose and 27 fell today. Notable movers include ALGO at Rp1.965 with a 10.21% gain and a typical hold time of 129 days, FIL at Rp16.789 down 9.73% with a 99-day hold, and GRT at Rp395 up 8.98% with a 98-day hold, while sell orders dominated for these assets.

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