$BTC

BTC surged 8.2% in the seven days to September 25, from $59,886 to $64,816. However, the $64,500 resistance level proved more challenging than expected. The last time the level was tested was on August 25, a month ago. Weak macroeconomic data led to a decline in investors' risk appetite, but other factors also played a role in triggering the Bitcoin price pullback on September 25. One was the global recession, and the other was the US election amplifying the bubble.