Ajaib: The Fed Pangkas Interest Rate 25 Bps, BTC Touches IDR 1.57 Billion

Bitcoin illustration (photo: Pixabay)

JAKARTA - In the last 24 hours, Bitcoin (BTC) has fallen 1.48%, moving at 91,380 US dollars or equivalent to Rp1.52 billion after briefly reaching the level of 94,470 US dollars, equivalent to Rp1.57 billion.

This movement is a response from the central bank of the United States, The Federal Reserve (The Fed), which meets market expectations by cutting the benchmark interest rate by 25 basis points (bps), placing it in the range of 3.50-3.75%.

This announcement was made after a two-day FOMC meeting. This cut is the third throughout 2025, and has made interest rates at their lowest level since September 2022.

"In general, lower interest rates can encourage risky assets (risk-on-assets) like Bitcoin (BTC). However, according to CME Group data, only 24.4% of traders project another interest rate cut at the FOMC meeting in January 2026," said the Financial Expert. Ajaib, Panji Yudha.

At the same time, amid this monetary policy decision, changes to monetary policy and the dynamics of leadership in the US central bank are also in the market spotlight. Where US President Donald Trump is considering a replacement for Powell.

Kevin Hassett, Director of the National Economic Council (NEC) and former advisor to the Advisory Council of Academics and Regulatory Coinbase, will reportedly be the leading candidate for the position of Chairman of the Fed.

Meanwhile, in Indonesia itself, the contribution of taxes from crypto assets continues to increase. Data from the Directorate General of Taxes (DJP) until October 31, 2025 noted that the total tax payments from the digital economy sector reached IDR 43.75 trillion.

"Of this total, crypto assets contributed Rp1.76 trillion in four years of reporting. The contribution from this cryptocurrency consists of PPh 22 and VAT in the country," explained Panji further.

Today, Panji predicts Bitcoin has the potential to move around US$90,000 - 92,000 (Rp1.5 - Rp1.53 billion). Ethereum has the potential to move around US$3,000 - 3,200 (Rp50 - Rp53 million).