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Bitcoin dips near $84,490 as markets price in 75% chance of Fed rate hike in October.

Market News
24 Sep 2026, 19:01 WIB
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Bearish
Bitcoin dips near $84,490 as markets price in 75% chance of Fed rate hike in October.

Bitcoin fell to around $84,490 from a recent high of $87,397 as traders anticipate a 75% chance of a Federal Reserve rate hike in October, driven by persistent inflation concerns. This potential rate increase typically strengthens the dollar and raises borrowing costs, making volatile assets like Bitcoin less attractive. While most top cryptocurrencies cooled, BNB and Solana gained, supported by institutional interest and positive developments. The market now awaits the Fed's October 28 decision to see if the tightening cycle continues or pauses.

As of Sep 24, 2026 23:22 WIB, Bitcoin trades at Rp1.515.054.635 on Pluang, showing a modest 0.82% gain in the last day despite recent volatility. Binance Coin and Solana are stronger performers, with BNB up 2.85% at Rp13.992.161 and Solana rising 2.27% to Rp2.095.979. Notably, Bitcoin's market cap stands at Rp30.498,86 trillion, reflecting its dominant position in the crypto market as investors weigh the impact of potential Fed rate hikes.

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