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Bitcoin and US dollar both rise, challenging their usual inverse relationship.

Market News
27 Sep 2026
UToday
View Source
Neutral
Bitcoin and US dollar both rise, challenging their usual inverse relationship.

Bitcoin surged from around $63,000 in August to a recent high near $87,000, while the US dollar index also strengthened from 98.40 to above 101 in September. This simultaneous rise is unusual since Bitcoin typically moves inversely to the dollar, often seen as a hedge against dollar weakness. Experts suggest this could be a temporary break in correlation influenced by risk-on market sentiment or institutional flows, rather than a permanent shift. Traders will watch upcoming economic data and Federal Reserve signals to see if this pattern continues or reverts.

Bitcoin trades at Rp1.523.041.212 on Pluang as of Sep 27, 2026 18:31 WIB, showing a 1-day gain of 0.96%. The market cap stands at Rp30.552,31T with a 24-hour volume of Rp306,18T. Buy orders dominate at 63%, while typical hold time is 110 days, reflecting steady investor interest despite shifting dollar dynamics.

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