Bitcoin is priced at $56,251, showing a 10.94% decline since September began and a continued bearish trend.
Bitcoin ETF sees a $116.96 million inflow on the second consecutive day after a week of outflows.
September has historically been a challenging month for both U.S. stocks and cryptocurrencies, and this year is no different for Bitcoin. The leading cryptocurrency has recently faced a tough time, with its value fluctuating significantly from $58K to $55K.
Bitcoin initially dropped below the $57K mark on September 2. Although it briefly climbed to $59K on September 3, it couldn’t sustain this level and has been struggling to gain momentum above $58,000. Then, on September 7, BTC hit a low of $52,872—a monthly low, marking a notable decline of 10.94%. This downturn has increased selling pressure and created a challenging environment for traders.
At the time of writing, the cryptocurrency was priced at $56,522, with a market cap of $1.11 trillion. In the past 24 hou
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