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Bitcoin, and even some altcoins are holding steady even as the US dollar index steamrolls to a near 1-year high.

The strength in the United States dollar index could keep Bitcoin and select altcoins under pressure in the near term.

Bitcoin fell below US$26,500 while Ether dipped below US$1,600 in the past 24 hours.

The cryptocurrency market had a tough start to the week on Monday, September 25. Most of the major cryptocurrencies saw their prices go down, and this negative trend continued from the previous week, despite some initial gains.

Bitcoin fell Monday morning in Asia to trade below US$26,300. Ether also dipped and remained below the US$1,600 mark.

Bitcoin and the major altcoins are down from their weekly highs, but the bulls are trying to form a higher bottom, indicating buying on dips.

Bitcoin's price failed to capitalize on the push above $27K but this altcoin certainly didn't.

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 22, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Shiba inu bears ended a three-day bull run on Thursday, as a red wave swept over cryptocurrency markets. Today's drop comes as the global crypto market cap fell by as much as 1.50%. Toncoin also slipped, as profit takers moved to secure recent gains.

Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices trading below the $27,000 level on Thursday. Ethereum (CRYPTO: ETH) also moved lower, trading above the key $1,600 mark this morning.

Toncoin was the biggest loser in the top 10 cryptocurrencies by market capitalization, falling alongside most other cryptos except Dogecoin. With Bitcoin below US$27,000, FTX's crypto liquidations could keep prices subdued for the rest of the month, market analysts told Forkast.

Bitcoin briefly fell below US$26,900 on early Thursday morning in Asia but is now trading above US$27,000. Ether also dropped but held above US$1,600.

Here is a list of cryptos to buy now. Each was selected due to their ability to capitalize on their already strong progress and momentum.

Toncoin (TON) is now the 10th-largest digital asset by market cap, following news of a Telegram crypto wallet launch.

Bitcoin and other cryptocurrencies are likely to witness a pick up in volatility following the Fed's rate decision on Sep. 20.

Last week, the cryptocurrency market experienced a significant inflow, propelling many digital assets into a renewed bullish phase. Bitcoin, the largest cryptocurrency, has spearheaded this upward momentum.

What crypto news involve the coins Cardano (ADA), Ripple (XRP) and TON? See below for an overview regarding current and future prices and more.

Toncoin led gainers in the top 10 cryptocurrencies by market capitalization, rising over 31% since its Telegram partnership last week. Despite Bitcoin's short-term corrections, it could return above the US$30,000 support level by October, according to market experts.

TON has been among the best performers lately, with its weekly gains exceeding 30%.

Last week, some cryptocurrencies tried to recover after the recent price drop. However, this led them into overbought territory. Weekly cryptocurrency price analysis of TON, RUNE, BCH, VET and AAVE from Coinidol.com.

Bitcoin rose on Wednesday morning in Asia to trade above US$27,200. Ether remained flat at around US$1,640.

Ahead of the Fed's decision regarding interest rate hikes, several top cryptos are waiting patiently for upside catalysts.

Bitcoin rose on Tuesday morning in Asia to around US$26,700, after briefly breaching the US$27,000 mark. Ether also logged gains but remained below US$1,650.

Bitcoin and select altcoins are attempting to make a comeback as traders expect the Fed to hold rates steady during their meeting this week.