Bitcoin price and Ethereum price enter the new week after recovering from a volatile mid-September period. The Bitcoin price is up about 4% over the past week and trades near $80,475. Ethereum price has gained about 2% over the same period and trades near $2,574.
Both assets are down today, with Bitcoin falling 0.57% to $80,573.52 over 24 hours. BTC also maintained a 62% correlation with the Nasdaq QQQ over the past week, keeping macro and technology stocks relevant to the crypto market.
The question now is whether the rally can extend or whether resistance around $81,000-$82,000 sends the Bitcoin price lower again.
What you'll learn 👉
What Drove Bitcoin and Ethereum Higher Last Week?
Crypto prices went up even though the dollar was strong.
Here’s what happened. On September 16, the Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%. This was the first rate hike since 2023. Most people expected it, so markets didn’t panic. The BTC price started around $76,000 and climbed to about $81,000 by the end of the week.
The dollar got stronger too. The DXY index went from 99.39 on September 14 to 100.25 on September 16. By September 18, it closed at 100.22. It dipped a tiny bit on Friday, but overall the dollar rose that week, hitting 100.56 at one point.
So crypto went up even with a strong dollar. The rally wasn’t because the dollar got weaker. It happened anyway.
Regulatory developments also gave the market another source of support. On September 17, the SEC approved a temporary five-year exemption allowing certain venues to trade tokenized U.S. stocks onchain under specified conditions.
The move came two days after the CLARITY Act failed to advance in the Senate by a 49-50 vote, giving crypto markets a regulatory development to focus on despite the legislative setback.
ETF flows added to the recovery. U.S. spot Bitcoin ETFs recorded about $159.5 million of net inflows on September 17 after heavy outflows earlier in the week, and another source reported roughly $433 million flowing into Bitcoin ETFs on September 18. Ethereum ETFs also recorded inflows on September 18, with one dataset putting the figure near $144 million.
News That Could Move Bitcoin and Ethereum This Week
Fed officials are going to be in the spotlight. Goolsbee, Williams, Jefferson and Barkin are all speaking, and traders want to know what they think about rates going forward. Why does this matter for Bitcoin? The Fed already pushed rates up to 3.75%-4.00%. If people start betting on another hike later in 2026, Treasury yields and the dollar could move, and that pulls on Bitcoin’s price.
ETF money is the other big thing to watch. Bitcoin ETFs had a choppy week. If money starts flowing back in, Bitcoin has a better shot at holding $80,000. If people pull money out, that level could crack. Ethereum ETFs matter too, especially around $2,500. ETH bounced back from $2,390, so now everyone wants to see if that recovery sticks.
One more thing hanging over the market: the CLARITY Act vote failed. The Senate needed 60 votes to move it forward. They got 49 yes and 50 no. So the bill is stuck for now.
Here’s What the Bitcoin Chart Is Showing
We had a look at the chart, and the BTC price has made a strong recovery from the $75,000-$76,000 region. The latest price is around $80,475, with the recent move reaching above $81,000 and approaching $82,000.
The marked resistance zones are around $81,300-$81,500 and $82,000, with $83,000 standing as the larger upside level on the chart.
Momentum has cooled after the move higher. Bitcoin’s Stochastic reads 74.66 for %K and 79.12 for %D, placing the indicator near the upper part of its range.
The Ultimate Oscillator is 50.97, giving a more neutral reading. If the BTC price holds above $80,000, another test of $81,500 and $82,000 becomes possible; losing $79,000 could bring $78,000 and $76,000 back into play.
Related Ethereum News: Ethereum Price News: ETH Breaks January High as Whales Wake Up
Here’s What the Ethereum Chart Is Showing
We had a look at the chart, and the ETH price is trading around $2,578.7 after reaching the $2,600-$2,650 area.
The latest move has taken the Ethereum price above the $2,500 region that contained much of its earlier September trading range. Resistance is now concentrated around $2,600-$2,650, followed by the $2,700 area.
The indicators show less extreme momentum than Bitcoin. Ethereum’s Stochastic stands at 61.69 for %K and 70.54 for %D, showing that buyers still have an advantage, but momentum has cooled from its recent peak.
The Ultimate Oscillator is 48.07, close to neutral. Holding $2,500 could keep the Ethereum price aimed at $2,600 and $2,650, whereas a break below $2,400 would expose the $2,350-$2,390 region.
Where Will Bitcoin and Ethereum Prices Go This Week?
For the Bitcoin price, the bullish path is a move above $81,500, which could open the way toward $82,000-$83,000. The base path is consolidation between $79,000 and $81,500, keeping BTC near $80,000 without confirming a fresh breakout.
The bearish path begins below $79,000 and could send Bitcoin toward $77,500-$78,000, with $76,000 as the deeper support.
For the Ethereum price, the bullish path is a break above $2,600-$2,650, opening $2,700 as the next major level. The base path keeps ETH between $2,500 and $2,650 as traders absorb the latest rally. The bearish path starts below $2,500 and puts $2,400-$2,390 in focus.
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