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Bitcoin falls below $84,000 amid Fed rate concerns and Middle East tensions

Market News
23 Sep 2026
Tokenpost
View Source
Bearish
Bitcoin falls below $84,000 amid Fed rate concerns and Middle East tensions

Bitcoin dropped 3.85% from its intraday high on September 23, slipping below $84,000 after briefly surpassing $87,000. The decline came as investors reassessed risks related to U.S. interest rate hikes, rising oil prices, and tensions in the Middle East, particularly around the Strait of Hormuz. Hawkish comments from Federal Reserve officials signaling possible further rate increases to combat inflation added pressure. Meanwhile, geopolitical risks could keep energy prices high, limiting the Fed's ability to ease monetary policy soon. The U.S. 10-year Treasury yield hit its highest level since 2007, reflecting market caution.

Bitcoin trades at Rp1.502.957.780 on Pluang, down 2.97% as of September 23, 2026, 23:07 WIB, reflecting cautious investor sentiment amid macroeconomic concerns. Despite the article's note of a nearly 4% intraday drop, Pluang data shows a slightly smaller daily decline. Bitcoin Cash, meanwhile, gained 6.19% to Rp6.213.063, with a market cap of Rp122,41 trillion and 24-hour volume of Rp27,47 trillion, indicating some rotation within the crypto market during this volatile period.

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