In brief
- The crypto market is poised to close in the green for September as Bitcoin rallies above $114k.
- Altcoins like ADA and DOGE, though, aren’t faring nearly as well.
- Technical indicators and prediction market data diverge on the near and long-term market view.
The crypto market is nursing another day of modest losses—but they’re modest enough to escape the seasonal September curse.
Despite the sea of red today, with 82% of the top 100 coins by market cap registering losses, September is poised to end in green, with an average monthly gain of 2.7%. For those curious, if we remove Bitcoin from the equation, the altcoin market is still up roughly 0.7% for the month. Not bad, all things considered.
The global cryptocurrency market…
