Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin rises 13% despite Fed rate hike and Trump's criticism of the move.

Market News
02 Oct 2026
Bitcoin
View Source
Bullish
Bitcoin rises 13% despite Fed rate hike and Trump's criticism of the move.

Bitcoin's price climbed about 13% from roughly $75,600 to $85,950 following the Federal Reserve's interest rate hike to a 3.75%-4% range on Sept. 16, despite President Trump's public criticism of the decision. Trump argued the hike was unnecessary given strong job numbers and blamed a hostile Fed board for the move. Meanwhile, Treasury yields hit multi-year highs, yet bitcoin defied expectations that higher yields would hurt non-interest assets. Market watchers now eye the Fed's next meeting on Oct. 27-28, where another rate hike remains possible but less likely, keeping bitcoin's price outlook uncertain but bullish.

Bitcoin trades at Rp1.542.000.000 on Pluang as of Oct 02, 2026 18:42 WIB, showing a 1-day gain of 2.42%. This follows the recent price surge noted in the article after the Fed's rate hike, highlighting continued strong interest with a market cap of Rp31.140,6T and a 59% buy order activity on the platform. Typical hold time for Bitcoin on Pluang is 110 days, indicating steady investor confidence despite ongoing rate uncertainty.

More News (BTC)

Bitcoin jumps above $85,000 ahead of U.S. September jobs report, driven by short covering and ETF demand.

Bitcoin jumps above $85,000 ahead of U.S. September jobs report, driven by short covering and ETF demand.

Bitcoin surged past $85,000 on October 2 before the U.S. September employment report release, fueled by short position liquidations and a softer dollar. However, this rally's sustainability depends on whether new long-term buyers emerge after forced ...

Market News
Bullish
5 hours ago
Bitcoin price jumps $3,400 to $86,800 but faces resistance at channel top, potential breakout ahead.

Bitcoin price jumps $3,400 to $86,800 but faces resistance at channel top, potential breakout ahead.

Bitcoin's price surged by $3,400 to $86,800 after breaking out of a descending triangle within a parallel channel, but was rejected at the channel's top and fell back to $86,000. The price is again approaching the channel's upper boundary, signaling ...

Technical Signals
Bullish
5 hours ago
Ethereum and XRP sentiment hits multi-month lows amid ETF outflows and mixed market signals.

Ethereum and XRP sentiment hits multi-month lows amid ETF outflows and mixed market signals.

At the start of October 2026, social sentiment for Ethereum (ETH) and XRP has dropped to multi-week lows, with bearish comments outnumbering bullish ones. Ethereum ETFs experienced three consecutive days of outflows totaling about $117.8 million, sig...

Market News
Bearish
5 hours ago
Bitcoin nears 60% dominance as crypto market shows rising risk appetite ahead of U.S. jobs report.

Bitcoin nears 60% dominance as crypto market shows rising risk appetite ahead of U.S. jobs report.

Bitcoin surged 3.4% to over $86,000, with its market dominance approaching 60%, signaling increased investor confidence in risk assets. Meanwhile, the share of USDT stablecoin dropped to 6.3%, indicating traders are moving from cash into cryptocurren...

Market News
Bullish
5 hours ago
Altcoin market shows bullish signs; Bitcoin nears $86,500 amid strong ETF inflows and Q4 breakout hopes.

Altcoin market shows bullish signs; Bitcoin nears $86,500 amid strong ETF inflows and Q4 breakout hopes.

The altcoin market cap is showing bullish divergence near recent lows, signaling a potential recovery and possible record-high test in Q4, according to analyst Michaël van de Poppe. Bitcoin is approaching resistance near $86,500, supported by strong ...

Analyst Insights
Bullish
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App