CRYPTO JUST GAVE SEPTEMBER A DIFFERENT ENDING
September started with plenty of reasons to stay cautious.
The Fed delivered another 25bps hike.
The CLARITY Act failed to move forward in the Senate.
Yet crypto kept climbing.
$BTC pushed toward $87K.
$ETH traded around $2.8K.
$SOL reached the $120 area.
And total crypto market cap moved back above $3T.
The money flow was interesting too.
US spot BTC ETFs recorded roughly $2.65B of inflows during a five-session streak, while ETH ETFs continued attracting capital as well.
At the same time, the traditional financial system kept moving deeper into crypto.
Stablecoin regulation progressed.
Tokenized assets continued expanding.
And institutions kept building around onchain finance.
That’s probably the biggest takeaway from September.
The market didn't need perfect conditions to move higher.
Now October begins.
Let's see whether the momentum follows.
Not financial advice. This is for educational purposes only. Do your own research and manage your risk.
September started with plenty of reasons to stay cautious.
The Fed delivered another 25bps hike.
The CLARITY Act failed to move forward in the Senate.
Yet crypto kept climbing.
$BTC pushed toward $87K.
$ETH traded around $2.8K.
$SOL reached the $120 area.
And total crypto market cap moved back above $3T.
The money flow was interesting too.
US spot BTC ETFs recorded roughly $2.65B of inflows during a five-session streak, while ETH ETFs continued attracting capital as well.
At the same time, the traditional financial system kept moving deeper into crypto.
Stablecoin regulation progressed.
Tokenized assets continued expanding.
And institutions kept building around onchain finance.
That’s probably the biggest takeaway from September.
The market didn't need perfect conditions to move higher.
Now October begins.
Let's see whether the momentum follows.
Not financial advice. This is for educational purposes only. Do your own research and manage your risk.
