🚨 Kaiko's Volatility Alert: Brace for Impact in the Crypto Market! 🚨

Kaiko’s latest report warns of turbulent times ahead for #Bitcoin ($BTC) and #Ethereum ($ETH)! 📉 As of September 9, BTC’s 30-day volatility has surged to 70%, nearly doubling from last year. While Bitcoin hasn’t yet embarked on a clear uptrend, this spike in volatility is causing ripples of confusion in the market. September is shaping up to be a wild month for cryptocurrencies!

Ethereum isn't escaping the storm either. This month, its volatility has soared past March’s levels, a surprising turn given that September typically sees less fluctuation. 📊 The report suggests that the volatility we’re experiencing now could exceed expectations.

On September 7, BTC was trading at $52,500, but it's now finding new ground at $57,275. Ethereum has climbed from $2,150 to $2,365. Meanwhile, altcoins are still waiting for their major breakout. With the Fed's interest rate policies and the upcoming US presidential elections looming, these factors may play a crucial role.

📈 If volatility ramps up, tread carefully in futures trades. Sharp price movements in BTC and ETH could lead to liquidity purges, making it trickier to trade memecoins, which are already prone to wild price swings.

🔍 Keep a close eye on Bitcoin’s resistance at $58,000. If it manages to stay above this level, it might stabilize volatility a bit.

Stay vigilant and trade smart! 💹