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Coinpedia 2024-09-03 10:39:20

‘Redtember’: Bitcoin Holds Steady Amid Labor Day Lull, Will it Drop Below $50,000?

The post ‘Redtember’: Bitcoin Holds Steady Amid Labor Day Lull, Will it Drop Below $50,000? appeared first on Coinpedia Fintech News As September begins, Bitcoin is hovering around $59,000, a historically bearish month for the cryptocurrency. September has a reputation for being one of Bitcoin’s most bearish months, with historical data showing an average decline. However, there is hope among some market participants that a potential interest rate cut by the Federal Reserve could break this …

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