Bitcoin, Ethereum Hit All-Time Highs in August: Will Sept Be Kind?
Bitcoin (BTC) and Ethereum (ETH), the two largest crypto projects by market cap, have hit new all-time highs this month. According to CoinGecko’s Bitcoin data, BTC climbed to a new peak of $124,128 on Aug. 14. ETH, on the other hand, hit a new high of $4,946.05 on Aug. 24. Despite the incredible bullish move, both BTC and ETH have fallen by more than 10% from their respective all-time highs. Let’s discuss if things will improve in September. Will Bitcoin and Ethereum Hit Another All-Time High In September? Source: Watcher.Guru September has historically been a bearish month for Bitcoin (BTC). Given that BTC is the market leader, and other assets follow its trajectory, September has been a bearish month for the general crypto market. If BTC continues to follow its historical pattern, we may see the asset face further correction. Ethereum’s (ETH) price will also suffer under such circumstances. However, there is a high chance of an interest rate cut in September. A rate ...