$BTC 📈 Binance Research: September Crypto Market Update 📉
📊 August saw a slight market cooldown, with total crypto market cap dipping 1.7%. Both BTC and ETH pulled back from their recent highs.
🔄 Capital rotated into altcoins! This shift caused: • Bitcoin's dominance to fall to 57.3% • Ethereum's dominance to rise to 14.2%
🏢 Notably, institutional funds began flowing into Ethereum.
⚠️ Historically, September is a weak month for crypto. Even with all eyes on a potential Fed rate cut, this slowing trend may continue in the short term.
