MarketPR
Bitcoin ($BTC) has entered September with a significant historical headwind, following a 25% gain in August that marked its strongest month since November 2024 and the best August rally since 2017.
Despite this robust start to the third quarter, the asset has fallen below $77,000, aligning with a seasonal pattern where September has historically been the worst month for the currency.
Since 2013, the month has delivered an average loss of nearly 3%, with only five positive returns recorded in thirteen years, though the last three years have concluded with green returns.
Macroeconomic pressures are intensifying as the Federal Reserve Chair, Kevin Warsh, emphasized elevated inflation in his Jackson Hole speech.
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