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CryptoMediumUpdated•Originally published 18 September 2026•Updated 18 September 2026•
1 min read

Bitcoin Tests $80K Level Despite Slowing Institutional Purchases

Key Facts

1Bitcoin price fell below the $76,000 threshold following the Federal Reserve's decision to raise interest rates.
2The Federal Reserve implemented a 25 basis point interest rate hike, bringing the benchmark range to 3.75-4%.

In a move reflecting market resilience against monetary tightening, Bitcoin's price has recovered to test the psychological resistance level of $80,000. According to reports, this rebound follows a period of pressure after the Federal Reserve raised interest rates by 25 basis points to a range of 3.75-4%. However, the price is now exhibiting new buying strength, overcoming previous declines that had pushed the asset below $76,000.

Despite this price recovery, data indicates a significant slowdown in the pace of institutional accumulation, with public companies adding only 5,900 BTC to their treasuries recently. Per market data, this deceleration coincides with CryptoQuant’s Bull Score Index dropping from 80 to 60, signaling a decline in US demand momentum compared to previous periods, amid the postponement of key legislation such as the CLARITY Act.

Looking ahead, traders are watching for price stability above the $80,000 mark to confirm the continuation of the upward trend. With no major catalysts in the economic calendar specifically for Bitcoin over the next seven days, focus remains on ETF flows and institutional liquidity movements. Previous support levels near $76,000 remain a critical zone in the event of any profit-taking corrections.