Shock! Will the cryptocurrency world face an unknown change in September? After the Fed cuts interest rates, altcoins may fall collectively. Can BTC become the only survivor?
The Fed's first interest rate cut is undoubtedly one of the most watched focuses in the cryptocurrency market in September. Traditionally, interest rate cuts are seen as good news for the market because they mean lower borrowing costs, which can theoretically stimulate economic growth and investment activities. However, in the field of cryptocurrency, this policy adjustment may have a double-edged sword effect.
First, the expectation of interest rate cuts has driven the rise in cryptocurrency prices to a certain extent, especially Bitcoin, whose price once soared to a high of $65,000. However, as analysts point out, the first interest rate cut often foreshadows the difficulties that the economy may face in the future.
Historically, the actions taken by the Fed in the early stages of the interest rate cut cycle are often accompanied by sharp market fluctuations and even trigger financial crises, such as the global financial tsunami in 2008. Therefore, investors need to be vigilant that the market may not continue to maintain an optimistic trend after the interest rate cut.
In addition to the impact of the Fed's interest rate cut, September has also attracted much attention due to its special seasonal characteristics. According to historical data, September is usually a difficult month for the cryptocurrency market, especially the altcoin market, which often sees significant negative returns. This phenomenon may be related to factors such as the psychological expectations of market participants, changes in capital liquidity, and seasonal adjustments to trading strategies.
It is worth noting that although September performed poorly, the fourth quarter often saw a strong recovery in the market. This trend has been verified in multiple cryptocurrency cycles, providing investors with a certain psychological comfort. Therefore, in the face of the challenges in September, investors should remain calm, look at the short-term fluctuations of the market rationally, and pay attention to the long-term development trend.
