Markets
Friday, September 25, 2026
The Company Chronicle

Crypto

Bitcoin at $84,637, Ether at $2,720: crypto prices today, September 25, 2026

Every coin on our board rose, but bitcoin gained only 1.3% while Chainlink jumped 15% and XRP 9%, as money rotated into altcoins even with the 10-year Treasury yield at a new high of 5.18%.

Bitcoin traded at about $84,637 on Coinbase early Friday, up 1.3% over 24 hours and 4.7% over seven days. Ether was at $2,720, up 2.7% on the day and 4.2% on the week. All eight coins we track rose, and the gap between bitcoin and everything else was the story: Chainlink gained 15.1%, XRP 9.1% and Cardano 8.4%.

Prices at a glance

CoinPrice24 hours7 days
Bitcoin (BTC)$84,637+1.3%+4.7%
Ether (ETH)$2,720+2.7%+4.2%
Solana (SOL)$120.91+6.2%+7.3%
XRP$1.614+9.1%+15.6%
Dogecoin (DOGE)$0.0984+6.0%+12.4%
Cardano (ADA)$0.2563+8.4%+14.2%
Chainlink (LINK)$14.15+15.1%+15.7%
Avalanche (AVAX)$10.73+6.4%+30.8%

Coinbase Exchange prices at about 8:05 AM ET on September 25. The 24-hour change compares the latest trade with the price 24 hours earlier. The 7-day change compares it with the September 18 daily close (UTC).

Bitcoin, three months. Chart by TradingView.

What moved

This was a rotation, not a broad rally. Bitcoin has gone sideways since nearly reaching $87,000 on Tuesday, and CoinDesk reported that 93 of the 100 tokens in its CoinDesk 100 index rose over the past day. Its index of smaller coins, the CoinDesk 80, gained 4.7% against 1.0% for the five largest. CoinMarketCap's altcoin season gauge read 56 out of 100, up from 45 a week ago and its highest in more than three months, CoinDesk said.

Chainlink led our board. CoinDesk noted that open interest in Chainlink futures rose about 28%, roughly twice the price gain over the same stretch, which usually means traders are adding new leveraged long positions rather than closing shorts. That kind of build can make a move bigger in both directions. We did not find a Chainlink-specific announcement behind the jump.

The market also looked past a large hack. Crypto exchange Bitget lost about $351.6 million to attackers who spoofed transaction data in its wallet system, CoinDesk reported; chief executive Gracy Chen said private keys were not compromised and a $464 million user protection fund covers the loss. Withdrawals remain suspended pending a security review.

The thing the headline misses: yields did not stop rising

It would be easy to read Friday's gains as relief from this week's bond selloff. The Treasury's own numbers say otherwise. The 10-year yield closed Thursday at 5.18%, up from 5.11% on Wednesday, according to the Treasury's daily yield curve. The 30-year closed at 5.47%. Bitcoin's reaction changed: Coinbase daily candles show it fell about 2.1% on Wednesday (UTC) as the 10-year jumped 15 basis points, then finished Thursday essentially flat, near $84,385, as the 10-year added another 7.

Bond traders are nervous even so. The MOVE index of expected Treasury volatility climbed to 104 on Thursday from about 80 on Tuesday, its highest since March, while Volmex's bitcoin implied volatility index sat near 37, close to its low for the year, CoinDesk reported. Options traders are not paying up for a big bitcoin swing, even as bond traders pay for protection. We covered the rate side in Thursday's market close.

ETF buyers: slower, but still buying

U.S. spot bitcoin ETFs took in a net $191 million on Thursday, a sixth straight day of inflows but the third straight daily slowdown from Monday's $999 million, Cointelegraph reported, citing SoSoValue. The six days added up to about $2.8 billion, and the funds are now back to roughly $787 million of net inflows for 2026 after sitting $5.8 billion in the red in mid-July, CoinDesk reported.

The cushion we flagged yesterday widened. Bloomberg Intelligence analyst James Seyffart puts the average ETF holder's cost at $81,722 a coin, Cointelegraph reported. At Friday's Coinbase price, bitcoin is about $2,915, or 3.6%, above that level, up from about 2.0% on Thursday morning. The 24-hour low on Coinbase was $83,353.

Regulation

The Federal Reserve Board on Thursday asked for public comment on two proposals under the GENIUS Act: reserve, capital and risk rules for stablecoin issuers it supervises, and an application process for banks that want to issue one. Comments close 60 days after the proposals appear in the Federal Register. Our earlier story has the detail.

What traders are watching

  • Whether the altcoin run holds with futures open interest rising faster than prices in several tokens.
  • ETF flows, after three days of slowing, and the $81,722 average cost level.
  • Bond yields, with the 10-year at 5.18%. See the 10-year chart and our pre-market brief.

For Thursday's prices, see yesterday's report. For the week's biggest gainers, see crypto movers.

CoinPrice24h
Bitcoin BTC……
Ethereum ETH……
Solana SOL……
XRP XRP……
Dogecoin DOGE……
Cardano ADA……
Chainlink LINK……
Avalanche AVAX……

All crypto prices and search ›

Sources: Coinbase Exchange price data; U.S. Treasury; Federal Reserve Board; CoinDesk; Cointelegraph. Crypto assets are volatile. This is market information, not investment advice.

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