đ SEPTEMBER MILLIONAIRE: CRYPTO WAS MASSIVE!
September Was Massive for Crypto đ
The Clarity Act failed to pass the Senate, and the Fed raised interest rates. Even so, the market surprised everyone with a big pump.
Here are the highlights:
Bitcoin closed above the 50-week MA for two weeks in a row. This is a strong sign that the trend may be turning.
BTC hit $87K, ETH hit $2.8K, and SOL hit $120. These are their highest prices in almost 8 months. Bitcoin also had its best monthly close in 9 months.
Total crypto market cap went back above $3T for the first time in 8 months.
ETFs saw big inflows. BTC ETFs took in $2.65B, and ETH ETFs took in $832.4M, their second-best month this year.
ETH/BTC broke out of a downtrend that lasted almost 5 years. This is a good sign for altcoins.
The SEC and CFTC started rolling out new crypto rules. They promised clear regulation even without the Clarity Act.
Two major crypto bills moved forward: the Strategic Bitcoin Reserve bill and the crypto tax bill.
The SEC said staking tokens and token buybacks are not securities. The Fed also proposed rules that would let banks issue their own stablecoins.
X partnered with crypto exchanges. Users will be able to trade crypto right from their timeline.
Tokenization is growing. BlackRock opened up access to tokenized investment portfolios, and NYSE is working to bring tokenized US stocks to 44M crypto accounts.
After a huge Uptember, let's manifest an even bigger Uptober! đ
This is not financial advice. Always do your own research.
$BTC
$ETH
$SOL
#Uptober
September Was Massive for Crypto đ
The Clarity Act failed to pass the Senate, and the Fed raised interest rates. Even so, the market surprised everyone with a big pump.
Here are the highlights:
Bitcoin closed above the 50-week MA for two weeks in a row. This is a strong sign that the trend may be turning.
BTC hit $87K, ETH hit $2.8K, and SOL hit $120. These are their highest prices in almost 8 months. Bitcoin also had its best monthly close in 9 months.
Total crypto market cap went back above $3T for the first time in 8 months.
ETFs saw big inflows. BTC ETFs took in $2.65B, and ETH ETFs took in $832.4M, their second-best month this year.
ETH/BTC broke out of a downtrend that lasted almost 5 years. This is a good sign for altcoins.
The SEC and CFTC started rolling out new crypto rules. They promised clear regulation even without the Clarity Act.
Two major crypto bills moved forward: the Strategic Bitcoin Reserve bill and the crypto tax bill.
The SEC said staking tokens and token buybacks are not securities. The Fed also proposed rules that would let banks issue their own stablecoins.
X partnered with crypto exchanges. Users will be able to trade crypto right from their timeline.
Tokenization is growing. BlackRock opened up access to tokenized investment portfolios, and NYSE is working to bring tokenized US stocks to 44M crypto accounts.
After a huge Uptember, let's manifest an even bigger Uptober! đ
This is not financial advice. Always do your own research.
$BTC
$ETH
$SOL
#Uptober
