FeesSafety
Pluang+

Bitcoin drops after every Fed rate hike following a pause since 2016, with another hike likely in December.

Market News
06 Nov 2026, 17:12 WIB
Crypto Briefing
View Source
Bearish
Bitcoin drops after every Fed rate hike following a pause since 2016, with another hike likely in December.

Bitcoin has historically fallen in the 30 days following every Federal Reserve rate hike that came after a one-meeting pause since 2016, with a median decline of 2.4%. The market currently prices a 67% chance of an eighth hike on December 9, 2026. In 2018, a similar cycle saw Bitcoin drop 42% between the midterm elections and the December hike. Currently, Bitcoin is down 11.3% over the past 30 days, and spot Bitcoin ETFs have lost $1.2 billion since early October. This pattern suggests potential continued pressure on Bitcoin prices if the Fed hikes rates again in December.

Following the historical pattern of Bitcoin price drops after Federal Reserve rate hikes, Bitcoin on Pluang is currently priced at Rp1.362.880.889 as of Nov 06, 2026 22:21 WIB. The asset shows a 1-day decline of 2.66%, with a market cap of Rp27.496,29 trillion and a 24-hour trading volume of Rp882,24 trillion. Pluang users are predominantly selling, with 64% of order activity on the sell side and a typical hold time of 113 days.

More News (BTC)

Bitcoin futures open interest drops to $52B amid a 5% price decline and mixed options activity.

Bitcoin futures open interest drops to $52B amid a 5% price decline and mixed options activity.

Bitcoin futures open interest fell 1.88% to $52.04 billion as the price dropped nearly 5% to around $75,783 on November 6, 2026. Traders reduced exposure across major exchanges like Binance and CME, reflecting caution after Bitcoin's recent peak near...

Bearish
5 hours ago
White House reviews rule to allow Bitcoin in U.S. retirement accounts, boosting adoption hopes.

White House reviews rule to allow Bitcoin in U.S. retirement accounts, boosting adoption hopes.

The White House has begun its final review of a proposed rule that could permit Bitcoin to be included in U.S. retirement accounts like 401(k)s. This move follows efforts by the Department of Labor to create guidelines balancing investment performanc...

Market News
Bullish
5 hours ago
Bitcoin leads crypto futures with $7.71B open interest; Ether shows strongest 24h growth at 4.24%.

Bitcoin leads crypto futures with $7.71B open interest; Ether shows strongest 24h growth at 4.24%.

Bitcoin holds the largest open interest in crypto perpetual futures at $7.71 billion, though it fell slightly by 0.88% over 24 hours. Ether saw the biggest 24-hour growth in open interest, rising 4.24% to $5.74 billion, signaling increased trader act...

Neutral
5 hours ago
Bitcoin leads crypto inflows at $135M, outflows at $44M, signaling strong market activity.

Bitcoin leads crypto inflows at $135M, outflows at $44M, signaling strong market activity.

Bitcoin dominated cryptocurrency market movements with $135.22 million in inflows and $44.07 million in outflows over a five-hour period, indicating robust investor interest. Other notable inflows included Ethereum ($87.84M), BETH, and BNB, while sta...

Bullish
6 hours ago
Bitcoin drops to seven-week low amid AI stock slump and tech market downturn

Bitcoin drops to seven-week low amid AI stock slump and tech market downturn

Bitcoin fell about 5.9% to around $75,620, reaching a seven-week low as it dropped below pre-election levels. This decline coincides with a 5.5% fall in the Nasdaq and a $2.5 trillion loss in U.S. market value, largely driven by heavy losses in AI-re...

Bearish
6 hours ago
banner-footerbanner-footer

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