Crypto News

September Effect: What is it and why does it matter for Bitcoin? The September Effect refers to the historical trend of the stock market experiencing a dip in September. This phenomenon has been observed for decades and is often attributed to factors such as investors returning from summer vacations and reallocating their portfolios, as well as companies releasing their third-quarter earnings. How does this affect Bitcoin? As Bitcoin and the overall cryptocurrency market have become more closely intertwined with traditional markets, the September Effect has also been observed in the crypto space. This can be seen in the recent dip in Bitcoin's price, which many analysts believe is a result of the overall market sentiment influenced by the September Effect. But don't panic just yet. While the September Effect may have a short-term impact on Bitcoin's price, many experts believe that this is just a temporary dip and that brighter days are ahead for the world's l...