📉 Bitcoin fell to $ 27,000 at the end of September and experienced the first quarter decline of the year. The price, which was around $31,000 in July, has fallen almost 13% in the second quarter of 2023.

- Bitcoin rose 83% in the first two quarters in 2023, according to Bloomberg data, but has traded in a narrow range in recent months due to the uncertain macroeconomic environment.

- While the US Federal Reserve (Fed) did not change interest rates at its September meeting, it stated that interest rates would remain high for a longer time to combat inflation.

- Investors expected a surge in Bitcoin demand if the SEC approved spot Bitcoin exchange-traded funds (ETFs), but the SEC postponed decisions on ETF offerings from BlackRock, Ark 21Shares, and GlobalX until 2023.

- Bitcoin's price in the fourth quarter of 2023 remains uncertain, with mixed signals on regulation and macroeconomics. Bitcoin's near-term course is unclear, although some see signs of a potential rally.