Why Bitcoin Is Starting Q4 on Stronger Footing Than Traditional Markets

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Bitcoin gained approximately 8% in September, outperforming the S&P 500 and gold, which fell more than 6%. US-listed spot BTC ETFs attracted billions of dollars in inflows during the month, with Strategy adding 1,665 BTC to its holdings and Strive purchasing 1,107 BTC for $94.5 million. US inflation data for August came in below expectations, helping ease concerns about another Federal Reserve rate hike and supporting the crypto market. Bitcoin remains just below $86,000, a key level to watch for the next move, while BIT Research forecasts an upside range of $185,000 to $215,000 for the current cycle.

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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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