Bitcoin (BTC) Price Rises After Fed Speech: Will the Bullish Trend Continue?

Bittime - Price Bitcoin (BTC)surged after the results of the latest speech from the ChairmanFederal Reserve(The Fed), Jerome Powell, who signaled a dovish stance on US interest rate policy. In the past 24 hours, BTC has strengthened to nearly Rp1.84 billion per coin, reflecting increasing positive sentiment in the global crypto market.

The Fed's statement confirming its decision to cut interest rates by 25 basis points to 4.00% was seen as an early sign of monetary policy easing, prompting investors to return to riskier assets like Bitcoin.

Market Reaction: Bitcoin Rises After Fed's Dovish Tone

Powell's speech emphasized that the US economy is showing slowing inflation and improving price stability. The market responded quickly, with Bitcoin (BTC) surging nearly $2,000 in a single day, indicating that market participants viewed the new policy as a boost for crypto assets.
The BTC/IDR exchange rate has now reached IDR 1,841,030,620, or around $112,800 per BTC on the global market. This increase strengthens Bitcoin's position after weeks of fluctuations leading up to the Fed's decision.

READ ALSO:Chainlink (LINK) Price Rises After Fed Speech: Rupiah Weakens, Crypto Strengthens

Technical Analysis: BTC in Critical Zone Towards $117,000

Technically, the chart shows Bitcoin has managed to hold above a strong support area around $112,000 (Rp1.83 billion).RSIis in the neutral range, but a hidden bullish divergence formation is starting to form, indicating that buying pressure is increasing again.

If the price breaks through the $117,600 resistance level, the next target could be $120,500 to $124,000, which would mark the continuation of the medium-term bullish trend.

However, failure to hold above $112,000 could trigger a correction towards $108,500, especially if market sentiment returns to “risk-off” mode.

The Impact of the Fed's Speech on Crypto Assets

Low interest rates generally strengthen riskier assets like stocks and crypto, as cheaper borrowing costs encourage liquidity.

• Dovish tonefrom the Fed pushed investors into Bitcoin.

• US Dollar Index (DXY)slightly weakened to 98.8, strengthening BTC's position.

• Crypto market capitalizationincreased by more than 3% in a day.

With this monetary easing, Bitcoin has the potential to once again become an alternative safe haven amidst global economic uncertainty.

Investor Sentiment & Future Outlook

Most analysts expect Bitcoin's strengthening trend to continue until the end of 2025, especially if the Fed hints at further interest rate cuts in December.

Institutional investors are also starting to return to the market, capitalizing on the momentum of the US economy's "soft landing" to increase their exposure to digital assets.

READ ALSO:Today's Top 5 Crypto Gainers After the Fed's Speech: JELLY, BUILDON, and SYRUP Soar Sharply!

Conclusion

Today's Fed speech was a positive catalyst for Bitcoin (BTC). Powell's dovish tone reinforced investor confidence that monetary policy would be further relaxed, giving BTC room to continue its rally toward the psychological level of $120,000 (Rp 1.9 billion).

However, volatility remains high. Traders are advised to remain vigilant for potential short-term corrections if the market reacts to the next US inflation data.

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FAQ

What is the price of Bitcoin (BTC) today?

Around Rp1.84 billion per BTC or $112,800 in the global market.

What is the cause of today's Bitcoin price increase?

The Fed's dovish speech and 25 basis point interest rate cut.

Will Bitcoin continue to rise after the Fed speech?

Most likely, if the price is able to break through the $117,000 resistance.

How did the crypto market react besides Bitcoin?

Major altcoins such as Ethereum and Solana also experienced gains of 2–3%.

Is this a good time to buy Bitcoin?

If you are a long-term investor, the post-Fed speech period could be an attractive accumulation momentum.