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Bitcoin’s red month; why September still shapes the crypto cycle – TON BOT

Bitcoin’s red month; why September still shapes the crypto cycle

Bitcoin historically performs poorly in September, with losses in 8 out of the last 11 years. Retail investors may take profits after summer rallies to cover expenses. September typically marks a local bottom before rebounding in October. Recent weakness attributed to thin market order books and macroeconomic uncertainty. Traders monitor on-chain and macro signals for potential scenarios in September. Bitcoin’s market cap is $2.16 trillion with a 24-hour trading volume of $44.55 billion. Total crypto market cap is $3.79 trillion with a 24-hour volume of $110.48 billion. Bitcoin dominance is at 57.03%.


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