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Analysis: The August market slowdown trend may continue in the short term, even as the market anticipates the Fed will cut interest rates in September
By: theblockbeats.news|2025/09/07 20:22:32
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BlockBeats News, September 7th, Binance Research released its September cryptocurrency trend report, stating: In August, the cryptocurrency market cooled slightly, with a total market capitalization decline of 1.7%. Both Bitcoin and Ethereum retraced from their highs. As capital shifted towards altcoins, Bitcoin's dominance fell further to 57.3%, while Ethereum's dominance rose to 14.2%. Corporate funds began to flow into Ethereum. Additionally, September has historically been a weak performing month for the crypto market, so even though the market is keeping an eye on the possibility of a Fed rate cut, the slowdown trend in the crypto market may continue in the short term.
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