Historical September Struggles in Cryptocurrency Markets
Traditionally, September has been a difficult month for the cryptocurrency markets, particularly for Bitcoin (BTC-USD). Historically, Bitcoin shows an average negative return during this month. This pattern can be attributed to various factors, including the structural aspect of the market such as a lack of liquidity. Liquidity refers to how easily an asset can be bought or sold in the market without affecting its price. This shortage in liquidity has been a significant pressure point on the crypto market, affecting prices considerably.
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