Septemberopens under a cloud of seasonality after August’s rally

1 min read
Source: BeInCrypto
TL;DR Summary

September kicks off with historically weak seasonality for both US stocks and crypto after an August rally: the S&P 500 rose over 2% to record highs while Bitcoin and Ethereum surged about 25% and 32% respectively. Historically, September can bring declines for the S&P 500 and for crypto, though recent Septembers have shown momentum. With macro headwinds like inflation running above target and upcoming midterm risk, traders should expect renewed volatility as policy signals and earnings drive markets.

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