As of early September 2024, the cryptocurrency market is showing significant volatility. Bitcoin has fallen below $56,000 amid increasing selling pressure. Ethereum has also declined, falling below $2,400. These changes have led to overall losses in the cryptocurrency market.
However, there are several significant events expected in September that could impact the market. Today, Polygon (MATIC) and Thorchain (RUNE) are undergoing important network upgrades, which could positively impact their value. In addition, new versions and updates from other projects such as Polkastarter (POLS) and MakerDAO (MKR) are expected this month, which could also attract the attention of investors.
Particular attention should also be paid to the upcoming US Federal Reserve meeting on September 18, which may decide to reduce the interest rate. This event could increase interest in cryptocurrencies as alternative assets. #BinanceBlockchainWeek #binance #MATIC/USDT⚡ $MKR $RUNE $MATIC