How much is Bitcoin worth today? By Cointelegraph

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© Reuters.

The price of (BTC) was little changed on May 18 compared to yesterday’s daily close as traders awaited more clarity on the looming debt crisis in the United States.

On May 17, U.S. President Joe Biden expressed his confidence in ending the standoff with Republicans to avoid a default, which boosted market sentiment. Bitcoin rose 1.5% thereafter, reaching over $27,400 on the day.

daily price chart. Source: TradingView
U.S. retail sales data in recent months. Source: Bloomberg
daily price chart. Source: TradingView
BTC/USD daily price chart. Source: TradingView