Bitcoin rose ahead of the Federal Reserve's rate decision as markets digested fresh U.S. inflation data, with Decrypt reporting the token near $79,007 on September 11, a move that sets the ma
Bitcoin rose ahead of the Federal Reserve's rate decision as markets digested fresh U.S. inflation data, with Decrypt reporting the token near $79,007 on September 11, a move that sets the macro backdrop for traders in Jakarta, Bangkok, Manila and Singapore watching for the next policy signal.
Bitcoin Rises as Markets Assess Inflation Data
The rally figure comes from a single September 11, 2026 report. According to Decrypt's original account, Bitcoin traded near $79,007, a gain of 3.24% on the day. Independent historical corroboration of that session was not obtained, so the print should be read as reported, not confirmed. For related coverage, see Bitcoin Faces Sell-the-News Risk Ahead of Fed Decision.
Bitcoin's Price Move in Context
A separate market snapshot tells a cooler story two days later. A CoinGecko reading retrieved on September 13 at 01:29 UTC put Bitcoin at $77,300, essentially flat over the prior 24 hours. This is a distinct observation window and does not verify the September 11 move. For related coverage, see Bitcoin Faces Sell-the-News Risk Ahead of Fed Decision.
Bitcoin price (USD)
$77,300
Snapshot: September 13, 2026 · 01:29:40 UTC
Bitcoin traded at $77,300 in the CoinGecko API snapshot retrieved September 13, 2026 at 01:29:40 UTC. This is a separate update from the September 11 rally reported by Decrypt; it does not verify that historical move. The linked public Bitcoin page displays live data and may differ from this snapshot.
At that September 13 retrieval, Bitcoin's market capitalization stood near $1.55 trillion on 24-hour volume of about $15.24 billion. Sentiment leaned positive, with the Fear & Greed Index at 61, classified as Greed.
What the Inflation Release Shows
The inflation readings behind the headline could not be independently verified. According to unconfirmed reports carried by Decrypt, August headline CPI rose 3.4% year over year and 0.4% month over month, while core CPI rose 2.4% annually. The U.S. Bureau of Labor Statistics release was inaccessible during research, so these figures remain single-source. For related coverage, see Bitcoin Rises Amid Cautious Tariff Optimism.
How the Fed Rate Decision Shapes Bitcoin's Outlook
The one firmly established fact is timing. The Federal Reserve's official calendar lists the September 2026 FOMC meeting for September 15 to 16, and marks it as carrying a Summary of Economic Projections. No rate decision has been announced or verified.
Rate Expectations After the Inflation Release
Market-implied odds are also reported rather than confirmed. A single source reported that CME FedWatch put a 25-basis-point hike at roughly 69%, with Polymarket near 62% and Myriad near 61%. These are market estimates, not Fed guidance, and were not directly fetched during research.
Why Interest Rates Matter for Bitcoin
Policy expectations shape liquidity and appetite for risk assets, and Bitcoin has repeatedly moved with the FOMC calendar; regional traders saw this when Bitcoin and Ethereum held steady ahead of an earlier FOMC decision. The relationship is not deterministic, and this week's meeting decision is separate from any guidance about later meetings. Some analysts have flagged a sell-the-news risk ahead of the Fed decision.
What to Watch When the Fed Announces Its Decision
Readers should watch the announced target range and the statement's language on inflation and the path ahead, alongside the confirmed Summary of Economic Projections tied to this meeting. The week's calendar keeps the Fed rate decision in focus for ASEAN venues such as Indodax, Tokocrypto and Coins.ph.
For Southeast Asia's traders, the initial Bitcoin reaction may shift as the statement is parsed, and any hold, cut or hike remains a scenario rather than an established outcome until September 16.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
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