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US Senate rejects crypto bill, lowering Bitcoin's chances of hitting $200K by 2026

Market News
17 Sep 2026
Crypto Briefing
View Source
Bearish
US Senate rejects crypto bill, lowering Bitcoin's chances of hitting $200K by 2026

The US Senate's rejection of a key cryptocurrency bill has dampened optimism for Bitcoin reaching $200,000 by the end of 2026. Market prediction odds for Bitcoin hitting this price have dropped to around 1.1%, reflecting increased skepticism amid regulatory challenges. This legislative setback adds to an already difficult year for the crypto sector, which faces regulatory scrutiny and market volatility. Investors and industry watchers will be monitoring future Federal Reserve policies and potential new legislation for signs of market shifts.

As of Sep 18, 2026 03:27 WIB, Bitcoin trades on Pluang at Rp1.362.036.926 with a 1-day gain of 0.91%. Despite the Senate's rejection of a cryptocurrency bill impacting market sentiment, Bitcoin's market cap remains substantial at Rp27.277,71 trillion. Pluang users show a strong buying interest with 70% buy orders and a typical hold time of 109 days, indicating sustained engagement despite regulatory setbacks.

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