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Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertainSeptember has not been kind to Bitcoin (BTC) this year, continuing a trend that has been observed since 2013, making the month typically challenging for the top cryptocurrency. Bitcoin ended August on a negative note, while Google Trends data reveals a significant drop in public interest towards Bitcoin

The Long and Winding Road to the "New High Consolidation Zone": BTC Navigates the Tightrope Between Capital Flows and MacroeconomicsFrom mid-March to the end of August, spanning over five months, the price of BTC oscillated repeatedly within the "new high consolidation zone," generating volatile market sentiment. During this period, global markets experienced volatile inflation and downward trends, ambiguous and clear expectations for US interest rate cuts, uncertain speculation about whether the economy would achieve a soft or hard landing, and significant market fluctuations triggered by different investors adjusting their positions as trends shifted

Bitcoin Drops Below $57,000, Over 75,000 Liquidated Across the Network, Crypto Market Panic IntensifiesOn September 4th, Bitcoin prices continued to decline, briefly falling below $57,000, marking a one-month low. Bitcoin has dropped over 4% in the past 24 hours, with other major cryptocurrencies like Ethereum also experiencing significant declines

Has the Crypto Market Bottomed Out? Opportunities Hidden Behind August's CorrectionAugust was undoubtedly a tough month for the crypto market, with Bitcoin (BTC) experiencing a 30% correction, from its high of $70,000 to a low of around $49,000. However, analysts predict that the decline below $50,000 may mark the bottom of the correction, with improvements expected in the final quarter of 2024

Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession FearsBitcoin ETFs witnessed daily outflows of $287.8 million as risk-off sentiment in both crypto and traditional risk markets intensified

Bitcoin Recovers After Briefly Dipping Below $56,000September 4, 2021 - Bitcoin continued its decline today, briefly dipping below $56,000 before recovering to the $56,000 level.

Bitcoin Starts September with a Dip: US Stocks Weigh, Fears IntensifyFollowing the US Labor Day holiday, US stocks tumbled, with Nvidia closing down nearly 10%, marking its biggest single-day decline. Other tech stocks also saw widespread losses

Upside Down in Bitcoin Price on September 4: New Low RecordRecently, according to market reports, the price of Bitcoin has fallen below $58,000, a decline of 2.56%

US Stocks Plunge, Bitcoin Suffers? September Market Volatility Demands Caution!The Nasdaq Composite Index plunged 3% overnight, with Nvidia and Apple leading the decline, sparking concerns about a potential burst of the decade-long US stock market bubble. Bitcoin also suffered a significant drop, mirroring the US stock market downturn

Number of Cryptocurrency Millionaires Soars 95%, Bitcoin Leads the Charge!As of August 2024, the global number of cryptocurrency millionaires has surged by a remarkable 95% year-on-year, reaching 172,300 individuals. Among them, the number of individuals holding over $1 million in Bitcoin assets has witnessed a 103% increase, reaching 85,400

"Red" September? Five Things to Watch for Bitcoin This WeekSeptember began with a less-than-ideal price performance for Bitcoin. Both monthly and weekly closings drove BTC prices down, trading close to spot demand at $57,000, signaling low trader interest and a marked lack of bullish sentiment

Can Bitcoin defy the "September Effect" curse?As the world's largest cryptocurrency by market capitalization, Bitcoin is facing a critical test this September. Historical data suggests that September has not been a kind month for Bitcoin, with the "September Effect" - a phenomenon of negative returns frequently occurring in this month, raising concerns about whether this year will see a repeat