{"id":136691,"date":"2024-09-03T21:00:24","date_gmt":"2024-09-03T18:00:24","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136691"},"modified":"2024-09-03T15:09:54","modified_gmt":"2024-09-03T12:09:54","slug":"septembers-key-events-could-impact-cryptocurrency-market","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/septembers-key-events-could-impact-cryptocurrency-market\/","title":{"rendered":"September&#8217;s Key Events Could Impact Cryptocurrency Market"},"content":{"rendered":"<p>Historically, September has been challenging for the crypto market. In September 2023, the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">price of Bitcoin<\/a> <\/strong>dropped to the $26,000-$27,000 range. A similar pattern played out in 2022, when Bitcoin\u2019s value dropped to around $18,000, trading in the $18,000-$22,000 range amid a broader market decline.<\/p>\n<p>Interestingly, Bitcoin, which peaked in 2021, also experienced a decline in September of that year, with its price falling to the $41,000-$48,000 range. However, a series of upcoming events in September could have a significant impact on the entire crypto market.<\/p>\n<p>One of the key events to watch is the Bureau of Labor Statistics jobs report, which is scheduled for release on September 6.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/how-bitcoin-etfs-are-allowing-wall-street-to-manipulate-btc-prices\/\" title=\"How Bitcoin ETFs Are Allowing Wall Street to Manipulate BTC Prices\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-etf-crypto-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How Bitcoin ETFs Are Allowing Wall Street to Manipulate BTC Prices<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Previous reports have shown their ability to influence the crypto market, as shown by the declines in Bitcoin and Ethereum prices following the August report.<\/p>\n<p>Another event of note is the presidential debate between Vice President Kamala Harris and former President Donald Trump, which will take place on September 10. The debate could have implications for the crypto industry, given the different positions on cryptocurrencies that the two candidates hold.<\/p>\n<p>Additionally, the Federal Reserve\u2019s upcoming decision on interest rates is another event that could impact both crypto and traditional markets.<\/p>\n<p>Also, the European stablecoin sector is gearing up to introduce stablecoins backed by euros, such as Banking Circle\u2019s EURI and Circle\u2019s EURC. Given the historical volatility, September could prove to be a critical month for the crypto market, though the market reaction will depend on the outcomes of these significant events and developments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>September could prove to be an important month for the cryptocurrency market as major events such as the presidential debates and Federal Reserve decisions loom on the horizon.<\/p>\n","protected":false},"author":3,"featured_media":101830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,71],"class_list":["post-136691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - 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