30 September, 2024
Bitcoin Breaks September Curse: Crypto Inflows Surge to $1.2 Billion
30 September, 2024
The crypto market experienced a significant surge in investment inflows, reaching a staggering $1.2 billion. Bitcoin, the leading cryptocurrency, spearheaded this rally, seemingly breaking the traditional ‘September curse’ often associated with market downturns.
Positive sentiment, driven by improving US macroeconomic conditions and a growing belief in the long-term potential of crypto, suggests a strong Q4 rally could be in the works. This surge in inflows indicates a renewed interest in digital assets, with investors increasingly optimistic about the future of the crypto market.