**Bitcoin surges in September, market sentiment is high! **
BlockBeats news, September 27, Bloomberg reported that Bitcoin is expected to usher in one of the largest September gains in history! This rise is mainly due to the wave of interest rate cuts around the world, especially the United States' active shift to looser monetary policy. 📈
According to Bloomberg data, Bitcoin has risen by more than 10% this month, while the average decline in September over the past decade was 5.9%. This performance is really eye-catching! Not only that, the small token index has also risen by more than 20%, indicating that the looser financial environment is activating the riskier parts of the crypto market.
However, a report from Kraken pointed out that if Bitcoin fails to "decisively" break through $65,000, it may indicate that it will enter a period of weakness. In other words, although market sentiment is high now, there is still uncertainty about the future trend.
In addition to monetary policy, the digital asset industry is also keeping a close eye on the results of the US presidential election. Many executives expect that US cryptocurrency regulation will be clearer in the months after the election, which will boost market sentiment. Everyone is looking forward to a clearer regulatory environment, which is undoubtedly good news for the entire industry.
Overall, the performance of Bitcoin and other cryptocurrencies in September is exciting, but future trends still need to be observed with caution. Market volatility still exists, and investors need to remain calm and not be swayed by short-term ups and downs.
Dear friends, what do you think about the future trend of Bitcoin? Welcome to share your views and insights in the comment area! Let us discuss, learn together, and make progress together!