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Ethereum holds $2,445 amid Fed rate hike and $520M crypto fund outflows, signaling cautious market sentiment.

Market News
18 Sep 2026
Blockonomi
View Source
Bearish
Ethereum holds $2,445 amid Fed rate hike and $520M crypto fund outflows, signaling cautious market sentiment.

Ethereum traded near $2,445 after briefly dipping below $2,400, amid a Federal Reserve rate hike of 25 basis points to 3.75%-4.00%. This rate increase, driven by inflation and strong economic data, pressured crypto markets, contributing to $520 million in combined Bitcoin and Ethereum ETF redemptions on September 16. Legislative setbacks, including a failed Senate vote on the CLARITY Act, added to market uncertainty. Technical indicators show neutral to mild bullish momentum, but ongoing institutional outflows and higher financing costs may limit Ethereum's price recovery in the near term.

Ethereum trades at Rp44.073.219 on Pluang as of Sep 18, 2026 14:02 WIB, up 1.77% in one day. The market shows 63% buy activity and a typical hold time of 106 days. Bitcoin also rises 1.14%, priced at Rp1.372.335.887, reflecting steady interest in major cryptocurrencies despite recent ETF outflows.

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