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Bitcoin signals uptrend resumption in late September based on holding patterns

Potential rate cuts in September and crypto ETF approvals in October add to the bull case.

CryptoSlate

Aug 30

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Happy Saturday!

With bullish momentum brewing across the crypto landscape, Bitcoin's holding patterns point to a possible uptrend in September, while anticipated rate cuts and looming ETF approvals fuel optimism for the months ahead. Strategic moves like Gumi's $17M commitment to XRP and Bitwise's bullish outlook on Solana underscore how institutional expansion and global partnerships are reshaping the next phase of digital assets. Explore the details below.

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The global crypto market cap is $3.76 trillion, with a 24-hour volume of $159.17 billion. The price of Bitcoin is $108,500.84, and BTC market dominance is 57.5%. The price of Ethereum is $4,356.24, and ETH market dominance is 14.0%. The best-performing sector is Transportation, which gained 18%. The Crypto Fear & Greed Index is currently Extreme Fear (39).