According to OKX market information on September 25th, Bitcoin briefly fell to around $26,000 and is now priced at $26,017. The 24-hour drop was 1.87%.

Additionally, Nomura, a Japanese banking giant, launched a Bitcoin fund, highlighting the growing adoption of cryptocurrencies globally. Long-term holders of Bitcoin, who have held their positions for over 155 days, continue to show an unwavering commitment to the cryptocurrency, holding an impressive 13.44 million Bitcoins, which is 69% of the total circulating supply. On the other hand, short-term holders are experiencing a notable shift, with 97.5% currently facing unrealized losses, suggesting a reduction in their influence.

Max Hua, CFO of Bitmain, stated at the World Digital Mining Summit (WDMS 2023) held on September 22 that as of June 30, 2023, 16 listed companies have already controlled more than 30% of Bitcoin's computing power, an increase of 10% from early 2022 when these companies held about 20% of Bitcoin's computing power.

Bitcoin's price is bouncing back from resistance at $27,200, and investors are watching to see if it settles above $27,000 and continues towards $31,000 or drops to seek liquidity from support at $25,000. The crypto market is also keeping an eye on the Federal Reserve's meeting on Wednesday, as economists expect a pause in interest rate hikes. Nomura, Japan's largest bank, has launched an Adoption Fund for institutional investors, attracting interest from global firms like Blackrock and Fidelity Investments.

Bitcoin's price surged past resistance at $27,000 on Monday, boosting sentiment for most cryptocurrencies. Ethereum also saw gains, reaching above $1,600 but stalling at $1,650. Other altcoins such as XRP, Cardano, and Toncoin also performed well, with gains ranging from 2.5% to 4.5%. The total market capitalization increased by 1.4% to $1.1 trillion, indicating a bullish trend. However, if Bitcoin fails to break through the $27,000 resistance, it may revisit the next major support area at $25,000.

September 19th, according to BitInfoCharts data, a Bitcoin whale address that has been dormant for nearly 6 years transferred all of its holdings of 2099.99 BTC at 06:12, worth about $56.309 million. Based on the current price of Bitcoin, the whale has already made a profit of over $44.51 million.

The New York Department of Financial Services (DFS) has removed Ripple and Dogecoin from its "greenlist" of approved cryptocurrencies, while Bitcoin, Ether, and the PayPal Dollar remain. The DFS has positioned itself as a leader in digital asset regulation, with its BitLicense program and virtual currency unit.

According to an analyst who profited from the crypto rally earlier this year, Bitcoin has the potential to experience a sharp rally and reach a new high in 2023. DonAlt suggests that if Bitcoin breaks its current resistance level, it could reach around $36,000. He also notes that Bitcoin's price action has been constructive for the first time in months, but if it doesn't move up soon, he may derisk again. At the time of writing, Bitcoin is trading at $26,519.

Major cryptocurrencies saw positive performance on Monday, September 18, with investors regaining confidence in digital currencies. Bitcoin's price rose 0.15% to $26,585.27 over the last 24 hours, while Ethereum's price remained flat at $1,629.15. XRP's price increased by 0.11% to $0.4973, and Litecoin's price added 1.06% to trade at $64.63.

Investors in the crypto market are cautious due to concerns, resulting in mixed sentiment on Saturday. Bitcoin and other major cryptocurrencies have traded near the flatline, with a slight gain from the previous day. The Fear and Greed index remains in the "fear" zone at 38. While some cryptocurrencies, such as Ethereum and Solana, have seen slight gains, others like Cardano and XRP have decreased in price.