Post-FOMC, Bitcoin Stays Above 80.000 US Dollars: Investors Are Increasingly Optimistic
JAKARTA - Bitcoin (BTC) managed to stay above the 80,000 dollar level after the United States Federal Open Market Committee (FOMC) maintained a benchmark interest rate of 4.50 percent. This decision provides relief to investors after a long period of uncertainty.
Prior to the FOMC announcement on March 19, 2025, the price of Bitcoin was at the level of 82,719 US dollars, down 1.61 percent compared to the previous day. However, after the decision was announced, the price of Bitcoin jumped 5.00 percent to 86,854. Ethereum also experienced a significant increase, from 1,932.54 US dollars on March 18, 2025 to 2,057.75 US dollars on March 19, 2025, recording an increase of 6.48 percent after previously only slightly strengthening 0.29 percent.
Investor optimism is getting stronger as the Fed plans to double-cut interest rates by 2025. Prior to this announcement, investors expect to cut interest rates relatively low, about 1 percent based on the FedWatch tool from CME.
INDODAX CEO, Oscar Darmawan, stated that the Fed's decision reflects the stability of monetary policy which has a positive impact on the crypto asset market.
Interest rate stability tends to encourage investors to look for investment alternatives with high growth potentials such as Bitcoin, said Oscar, Friday, March 21.
Oscar also highlighted that the projected double-cutting of interest rates in 2025 is the main driver of market optimism.
"With lower interest rates expectations, liquidity in the financial market tends to increase, which often leads to the appreciation of crypto asset prices," he added.
Furthermore, Oscar explained that Bitcoin price volatility after FOMC's decision showed that crypto assets were sensitive to macroeconomic policies.
Global investors now increasingly view Bitcoin as a portfolio diversification tool capable of providing protection against geopolitical inflation and uncertainty, he explained.
On the other hand, Oscar assessed that President Donald Trump's trade policy setting a 25 percent tariff against Canada, Mexico, China, and the possibility of the European Union also has the potential to trigger inflation.
The increase in the price of goods due to this tariff can encourage the public to look for alternative assets that can maintain their purchasing power. Bitcoin, as a decentralized asset, could be a relevant choice in stressful economic conditions," said Oscar.
Oscar also reminded that although Bitcoin shows good resilience, investors still need to pay attention to the dynamics of the global economy.
"In conditions like this, the Dollar-Cost Averaging (DCA) strategy can be a wise approach for retail investors to deal with market volatility and strengthen their investment portfolio," he concluded.
With stable monetary policy and growing interest in Bitcoin as a hedge asset, Oscar Darmawan is optimistic that the crypto market will continue to show resilience and potential growth in the coming year.