Bitcoin holds steady as US stocks rebound on rate hike
Bitcoin (BTC)
Editor:
Eugene Serbin
lookonchain.com reports that US equities posted strong gains on Thursday following the implementation of an interest rate hike, with the Nasdaq climbing 1.69% and the S&P 500 rising 1.1%. Chip stocks led the rally, with Arm advancing nearly 9%, Intel jumping 7.6%, and AMD climbing 6%. While Bitcoin remained in a sideways consolidation phase at the bottom, crypto treasury stocks rose broadly, including BNB treasury stock BNC which climbed 13.87% and HYPE treasury stock PURR gaining 12.15%.
Other treasury stocks such as BMNR and MSTR rose nearly 5%. In other market movements, spot gold rallied nearly 3% and New York copper rose over 2%, while US oil fell below the $100 threshold. UNI surged to hit $9, posting a 26.6% gain in the past 24 hours.
Binance announced it will support the merger of Stargate into LayerZero. Additionally, Nimiq's swap contract on Polygon was hacked for approximately $50,400, and Robinhood Chain's seven-day application layer revenue surpassed Hyperliquid. A $PEPE whale transferred all 2.1T tokens worth $52M to a new address after being dormant for 600 days.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 18 September 2026. Not the outlet's figures.
Bitcoin is trading at $76,417.01 with a 1-hour buy ratio of 55.6% and a 4-hour buy ratio of 59.9%, compared to a 24-hour buy ratio of 53.5%. The volume delta shows net buying of $9,435,075 in the last hour and $49,069,860 over four hours, indicating that buying pressure is building in the short term. The cumulative volume delta for the 24-hour close is +$119,665,181, with net buying occurring in 18 of the last 24 hours. This suggests that buyers are currently dominating the order flow on Binance spot. The higher short-term buy ratios relative to the 24-hour average show increased aggressive buying activity.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.0%, making today's 24-hour ratio of 53.5% an unusual day with 3.4 points above the average. However, the 24-hour volume of $836,425,871 is only 0.74x the weekly average, indicating lower participation than usual. The 8-day volume delta was -$7,150,392, contrasting with today's strong positive delta. While buying pressure has intensified today, the overall volume remains subdued compared to the weekly norm.