Domestic crypto asset market players are highlighting Bitcoin\u2019s\nresponse to the Federal Reserve\u2019s decision to raise the benchmark\ninterest rate by 25 basis points (bps) to the 3.75\u20134.00 per cent\nrange.<\/p>\n
According to Indodax Chief Marketing Officer, Aloysia Dian, the\ndecision made during the Federal Open Market Committee (FOMC) meeting on\n15\u201316 September 2026, did not immediately suppress Bitcoin (BTC).\nInstead, the price rose from approximately US$75,400 prior to the\nannouncement to the US$76,000 area after the decision was released on\nThursday (17\/9).<\/p>\n
\u201cThis BTC response shows that the relationship between macroeconomic\npolicy and crypto asset prices does not always occur directly,\u201d she\nstated in a briefing in Jakarta on Friday.<\/p>\n
Interest rate policy remains a crucial factor, but it is not the sole\ndriver of the crypto market, she continued. Price reactions are also\ninfluenced by pre-existing expectations, capital flows, sentiment, and\nspecific developments within the crypto industry.<\/p>\n
Aloysia explained that leading up to the FOMC decision, the market\nhad already priced in a high probability of an interest rate hike. When\nthe final result aligned with expectations, much of the pressure could\nbe said to have been reflected prior to the announcement.<\/p>\n
\u201cIn other words, decisions that have been widely anticipated by the\nmarket do not always result in additional negative reactions,\u201d she\nsaid.<\/p>\n
Nevertheless, she noted that although Bitcoin strengthened following\nthe announcement, the direction of the Fed\u2019s policy remains one of the\nkey factors the market must monitor.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indodax-highlights-bitcoin-response-amidst-tight-fed-policy-1789703943", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }