HomeUncategorizedHow much is Bitcoin worth today? By Cointelegraph

How much is Bitcoin worth today? By Cointelegraph

September 25, 2023

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© Reuters.

The price of (BTC) is holding above $26,000 on Sept. 25, continuing to show weakness after last week’s United States Federal Reserve interest rate decision.

On Sept. 21, Fed officials decided to keep interest rates unchanged. However, projections released after the Fed meeting showed that most officials favor increasing rates one more time in 2023. BTC price is down 4.25% since.

daily price chart. Source: TradingView
BTC/USD vs. DXY weekly correlation coefficient. Source: TradingView
Bitcoin historical volatility index monthly performance. Source: TradingView/MacnBTC
Bitcoin net unrealized profit/loss by cohort. Source: CryptoQuant
BTC/USD weekly price chart. Source: TradingView/Rekt Capital
BTC/USD weekly price chart. Source: TradingView/Moustache
BTC/USD four-hour price chart. Source; TradingView