📉 On September 7, the bulls tried to wake up Bitcoin, but the rally was short-lived. This suggests uncertainty between bulls and bears regarding the next direction of Bitcoin (BTC). A CryptoCon analyst believes Bitcoin could remain in an “interim lull” until the next bull market begins in November 2024.

- ARK Invest in its report says that cryptocurrencies may continue to face challenges in the rest of 2023 due to a number of macroeconomic issues such as interest rates, GDP estimates, unemployment and inflation.

- Bulls are closely monitoring the US Securities and Exchange Commission's decision on Bitcoin exchange-traded fund (ETF) applications. Additionally, the race for a spot in the Ether (ETH) ETF began on September 6th with bids from VanEck and ARK Invest.