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Bitcoin and Ethereum rally past $81,700 and $2,600 despite Fed rate hike and regulatory shifts.

Market News
20 Sep 2026
CoinMarketCap
View Source
Bullish
Bitcoin and Ethereum rally past $81,700 and $2,600 despite Fed rate hike and regulatory shifts.

Bitcoin surged above $81,700 and Ethereum topped $2,600 following the Federal Reserve's unanimous 25 basis point rate hike, the first since 2023, signaling an end to the rate cut/pause cycle. The rally was further fueled by fresh regulatory moves: the CFTC filed a crypto market prerule and the SEC introduced a five-year innovation exemption allowing limited trading of tokenized US stocks on-chain. Despite geopolitical tensions and mixed market views on the Fed's timing, these developments helped crypto markets regain momentum, with Bitcoin trading between $75,000 support and $87,000 resistance. Investors will watch if Bitcoin can sustain above key levels amid broader economic and geopolitical uncertainties.

As of Sep 20, 2026 23:51 WIB, Bitcoin is trading at Rp1.439.636.423 on Pluang, showing a slight 0.71% decline in the last day despite the recent rally noted in the news. Ethereum is also down marginally by 0.07%, priced at Rp46.743.380. Pluang data reveals a strong sell sentiment with 70% of Bitcoin orders and 73% of Ethereum orders being sell orders, while typical holding periods remain around 110 days. The most notable figure is Bitcoin's market cap at Rp28.871,17 trillion, highlighting its dominant position in the crypto market.

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