The Bitcoin & Cryptocurrency Investment Show podcast.
Hey folks, Crypto Willy back at it with your fresh dose of Bitcoin & Cryptocurrency Investment Show news—strap in, because September is already throwing curveballs, and the charts are anything but quiet!
Let’s kick off with the big players: Bitcoin, baby, is hustling right near $112,000, after a wild week that saw it test and snap back from the $113K mark. This isn’t just a blip—according to Shivam Thakral over at BuyUcoin, hopes around a possible U.S. Fed rate cut, a surge in liquidity from stablecoins, and ever-growing institutional buying are giving Bitcoin some serious backbone. Meanwhile, Ethereum is strutting close to $4,312, holding steady even as some altcoins wobble. The whole crypto market cap? A whopping $3.87 trillion as counted by CoinMarketCap, showing just how much new money is swirling around[1].
But if you heard rumblings about a Red September, you’re not alone. Historically, Bitcoin’s dipped an average of 3.77% in this month. But this year, with whales scooping up any dip and institutions doubling down, Bitcoin has defied the trend. Penny McCormer at AInvest says the big BTC dogs are HODLing strong, and that support at $110K is proving tough for the bears to breach[6]. Still, don’t count out the classic September blues just yet—AI models from the likes of Changelly show a chance for more corrections, even eyeballing a floor at $101K if the mood truly flips[2][4][6].
Where’s the volatility coming from? Look no further than the Fed. Wall Street and crypto traders both are bracing for the expected interest rate cut next week, with the VIX (Wall Street’s fear gauge) screaming that turbulence is likely after the announcement. Greg Magadini from Amberdata says market calm right now could just be the eye of the storm, so don’t let that lull you to sleep[5].
Altcoins are in a party-or-panic mode. Remittix is rallying ahead of its PayFi platform Beta wallet launch, and meme coin Layer Brett is getting high-risk, high-reward headlines. All this action is pushing the Altcoin Season Index higher, signaling it might not just be Bitcoin getting attention this month. The Crypto Fear & Greed Index, by the way, is chilling at a neutral 48—so the market’s still undecided on whether to flip euphoric or fearful[7].
One curveball: gold is pumping, hitting an all-time high of $3,659. Bitcoin cycle-watchers like Joe Consorti and Tephra Digital point out this could be a catalyst for BTC to aim toward targets as high as $185K by Q4, since Bitcoin often echoes gold with a lag. But, Peter Schiff warns, some whales could be jumping from crypto to classic safe havens like gold and silver, especially after silver broke $41 for the first time since 2012[3].
BNB also got a moment in the spotlight—after Binance’s futures trading volume hit a record $2.63 trillion last month, BNB rocketed to $884 before backing off as geopolitical headlines crashed risk appetite[5].
Quick wrap-up: Bitcoin’s strong, Ethereum’s sturdy, and the excitement over Fed policies, meme coins, and old-school gold is setting the stage for a spicy Q4. Thanks for tuning in with me, Crypto Willy, your neighbor with a taste for the technical and the latest in blockchain! Don’t forget to swing by next week for more crypto buzz. This has been a Quiet Please production—and if you want more Crypto Willy, check out Quiet Please Dot A I! Catch you on the blockchain, friends.
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