thaitraderoficial
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โผ๏ธ: The crypto market enters September under a tense atmosphere. Traditionally a weak month for risk assets, the combination of macroeconomic factors and institutional decisions demands heightened attention from investors.
On the global stage, the expectation of interest rate cuts by the Federal Reserve maintains some optimism, but American inflation continues to be at the center of the debate. Rising prices still pressure monetary policy, and voices within the Fed itself, such as Lisa Cook, advocate for more caution before any easing. At the same time, gold and Treasuries reinforce the search for protection, indicating a market divided between risk and safety.
Bitcoin, despite the pressure from institutional sales and outflows in ETFs, remains steady above US$ 110 million. Part of the positive sentiment is anchored in hopes of Fed cuts, but confidence may be built on fragile expectations. MicroStrategy, even while expanding its reserves with an additional 3,000 BTC, saw its shares decline amid fears of equity dilution.
Among miners and infrastructure, the highlights were positive: Hut 8 announced expansion with a new line of credit, Iren surprised with record revenues linked to AI GPUs, and TeraWulf bolstered investments by increasing its issuance of convertible notes to US$ 1 billion. In the sector of companies exposed to crypto, performance was mixed: Robinhood fell after being excluded from the S&P 500, Metaplanet rose after raising US$ 880 million to buy more BTC, while Bitmine Immersion and Sharplink Gaming dropped amid fears of dilution and weak results.
๐ Alert: Red September, the combination of persistent inflation in the U.S., uncertainty over Fed policy, and a history of declines in this month may intensify volatility. The investor needs to be prepared for both opportunities and sharp movements for profit-taking.
On the global stage, the expectation of interest rate cuts by the Federal Reserve maintains some optimism, but American inflation continues to be at the center of the debate. Rising prices still pressure monetary policy, and voices within the Fed itself, such as Lisa Cook, advocate for more caution before any easing. At the same time, gold and Treasuries reinforce the search for protection, indicating a market divided between risk and safety.
Bitcoin, despite the pressure from institutional sales and outflows in ETFs, remains steady above US$ 110 million. Part of the positive sentiment is anchored in hopes of Fed cuts, but confidence may be built on fragile expectations. MicroStrategy, even while expanding its reserves with an additional 3,000 BTC, saw its shares decline amid fears of equity dilution.
Among miners and infrastructure, the highlights were positive: Hut 8 announced expansion with a new line of credit, Iren surprised with record revenues linked to AI GPUs, and TeraWulf bolstered investments by increasing its issuance of convertible notes to US$ 1 billion. In the sector of companies exposed to crypto, performance was mixed: Robinhood fell after being excluded from the S&P 500, Metaplanet rose after raising US$ 880 million to buy more BTC, while Bitmine Immersion and Sharplink Gaming dropped amid fears of dilution and weak results.
๐ Alert: Red September, the combination of persistent inflation in the U.S., uncertainty over Fed policy, and a history of declines in this month may intensify volatility. The investor needs to be prepared for both opportunities and sharp movements for profit-taking.
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