ETF approvals and regulation define September’s crypto market outlook.
Past bearish pressure met with resilience; global market cap at $1.05 trillion.
As we find ourselves in the final month of Q4 this year, it’s crucial to reflect on the past months, marked by extreme volatility and a series of significant events. The year began by recovering from the FTX collapse, witnessed the Memecoin hype season in Q2, faced SEC regulatory challenges in Q3, and saw Ripple emerge victorious in its lawsuit against the SEC in Q4. Furthermore, the recent victory of GBTC against the SEC added another layer of intrigue to the crypto market’s rollercoaster ride.
Despite enduring periods of extreme bearish pressure, cryptocurrencies have displayed resilience. Notably, BTC crossing the $31,000 mark and ETH surpassing $2,000 provided moments of celebration for the community.
As the crypto journey hasn’t been smooth, the community, traders, and investors are now pondering its next direction. August e
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