$XRP , $BTC : This Historical Trend Might Flip Things for Traders

The crypto market is currently engaged in lackluster trading action due to a drop in #cryptocurrency trading activity. The total monthly volume of spot and derivatives trading fell 11.5% to $2.09 trillion in August, the second-lowest since October 2020, indicating dwindling #investor appetite.

Adding more to this negative outlook is the fact that September often presents itself as a "red month" for cryptocurrencies such as #XRP and #BTC . As reported, XRP is facing the "Red September" conundrum, with the ninth month frequently ending in losses. Since 2013, XRP has only had four positive Septembers, with the remaining six being negative.