SEPTEMBER WASN’T SUPPOSED TO LOOK LIKE THIS.
Look, September was messy.
Clarity Act didn’t get through the Senate. The Fed hiked rates. Normally, that’s where crypto starts having a bad day.
Instead? Crypto basically ignored the memo.
BTC closed above the 50W MA for two straight weeks. That’s not nothing. It’s one of those signals traders watch when they’re trying to figure out whether the trend is actually changing.
Then BTC touched $87K, $ETH $2.8K and $SOL
$120, their highest levels in months, while the total crypto market cap reclaimed $3T.
ETF flows were doing their thing too.
$BTC ETFs pulled in $2.65B during September. ETH ETFs added $832.4M, their second-biggest monthly inflow this year.
And ETH/BTC finally broke out of a downtrend that had been hanging around for nearly five years. Yeah. Five.
Then came the regulatory side. SEC and CFTC started rolling out new crypto rules, two crypto bills advanced, the SEC made moves around staking and token buybacks, and the Fed proposed rules around bank-issued stablecoins.
Meanwhile, X moved closer to letting users trade crypto directly through the timeline. BlackRock expanded tokenized investment access, and NYSE moved toward tokenized U.S. stocks for millions of crypto users.
Honestly, September had enough moving parts to make your head hurt.
But the market kept pushing.
So yeah…
After that kind of Uptember, I know what everyone is thinking.
Can Uptober actually top it?
We’ll see.
No guarantees. No crystal ball.
Just another month where crypto will probably find a new way to surprise everyone. 🚀
Look, September was messy.
Clarity Act didn’t get through the Senate. The Fed hiked rates. Normally, that’s where crypto starts having a bad day.
Instead? Crypto basically ignored the memo.
BTC closed above the 50W MA for two straight weeks. That’s not nothing. It’s one of those signals traders watch when they’re trying to figure out whether the trend is actually changing.
Then BTC touched $87K, $ETH $2.8K and $SOL
$120, their highest levels in months, while the total crypto market cap reclaimed $3T.
ETF flows were doing their thing too.
$BTC ETFs pulled in $2.65B during September. ETH ETFs added $832.4M, their second-biggest monthly inflow this year.
And ETH/BTC finally broke out of a downtrend that had been hanging around for nearly five years. Yeah. Five.
Then came the regulatory side. SEC and CFTC started rolling out new crypto rules, two crypto bills advanced, the SEC made moves around staking and token buybacks, and the Fed proposed rules around bank-issued stablecoins.
Meanwhile, X moved closer to letting users trade crypto directly through the timeline. BlackRock expanded tokenized investment access, and NYSE moved toward tokenized U.S. stocks for millions of crypto users.
Honestly, September had enough moving parts to make your head hurt.
But the market kept pushing.
So yeah…
After that kind of Uptember, I know what everyone is thinking.
Can Uptober actually top it?
We’ll see.
No guarantees. No crystal ball.
Just another month where crypto will probably find a new way to surprise everyone. 🚀
