REXBOX BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

he recent days have seen increased volatility in Bitcoin's price. On August 29, Bitcoin's price surged after Grayscale won a victory against the SEC. However, this excitement was short-lived as the price gave back its gains upon news that the SEC delayed its decision on seven spot Bitcoin exchange-traded fund (ETF) applications. The possibility of Bitcoin ETFs being approved by the regulator in 2023 has been a major market driver. Bloomberg's senior ETF analyst, Eric Balchunas, raised the approval likelihood from 65% to 75% in an August 30 post.

In the near term, the bulls are facing challenges as September historically favors bears, with Bitcoin experiencing negative returns in September for the past six years.

This weakness in Bitcoin has also impacted major altcoins, bringing them close to key support levels. The article discusses the price analyses of various cryptocurrencies, including Bitcoin, Ether, Binance Coin (BNB), XRP, Cardano (ADA), Dogecoin (DOGE), Solana (SOL), Toncoin (TON), Polkadot (DOT), and Polygon (MATIC).

The article outlines the key levels, trends, and potential scenarios for each of these cryptocurrencies, providing insights into their current market conditions.