"The market is changing in September, and the trend of Bitcoin has attracted attention" 1. Market status
Currently, the price of Bitcoin is about $58,458, up 0.67%, fluctuating around $58,000. The price of Ethereum is $2,519, up 1.89%. The S&P 500 index is 5,658, up 1%. The price of gold is $2,400, down 0.15%. The Nikkei 225 index is 38,700.87, up 0.14%. The market as a whole rose 0.9%, with Ethereum and SOL rising about 1.9% and 0.5% respectively. On Friday, the ETF of Bitcoin was $175 million, and the volume of Ethereum ETF was zero.
2. Bitcoin historical performance and expectations
September is usually one of the most pessimistic months for Bitcoin. Historically, Bitcoin has shrunk by an average of 6.56% in September. However, the Fed's rate cut may break this trend.
In general, the prices of various assets in the current market have risen and fallen. There is uncertainty about the trend of Bitcoin in September, and we need to pay close attention to the impact of factors such as the Federal Reserve’s policies.