Here are some critical developments that could ignite a crypto bull run:
1. CPI Data & FOMC Meeting:
The latest CPI data came in lower than expected. This raises the likelihood of the Federal Reserve cutting interest rates by 50 basis points (BPS) in the upcoming FOMC meetingโan event that could be highly bullish for crypto.
2. Trump's Verdict:
The much-anticipated verdict for Donald Trump is expected this month. The outcome could significantly impact market sentiment.
3. Bitcoin Event - Token 2049, Singapore:
This major Bitcoin and crypto event took place this month, sparking increased attention and optimism in the space.
4. Binance Ex CEO CZ Released:
With the release of Binance Ex CEO Changpeng Zhao (CZ), this news could act as a catalyst for renewed confidence and a potential bull run.
5. Historical Trends:
Historically, September marks the final month of Bitcoin's bear markets. Following this, Q4 has often seen the start of crypto bull runs.
6. Elon Musk & Dogecoin:
After winning his case against the SEC, Elon Musk has resumed tweeting about Dogecoin. His renewed interest could signal another strong push toward a broader crypto rally.
