Reported about 1 month ago
Bitcoin has increased by 0.5% to approximately $58,300, recovering from a dip below $57,500 on Labor Day, despite a historical bearish trend observed in September where the cryptocurrency typically experiences an average monthly decline of 6%. While some altcoins like dogecoin and toncoin are down by up to 3%, market analysts indicate that upcoming interest rate cuts from the U.S. Federal Reserve could positively influence Bitcoin's performance this month.
Source: YAHOO