Bitcoin price today sits at $110,467, down 0.31% over the past 24 hours, as traders brace for what is historically the coin’s weakest month.
But while BTC consolidates near $110K, attention is shifting to emerging altcoins like Bitcoin Hyper and Pepenode, both of which are gaining momentum as investors explore faster, more rewarding blockchain plays.
With seasonal pressure, macro catalysts, and breakout setups all in play, September could be anything but boring.
September’s Track Record: BTC’s Worst Month of the Year
Statistically, September has been Bitcoin’s most underperforming month. Since 2013, BTC has posted losses in 8 of the past 12 Septembers, averaging –3.8% returns.
This “September Effect” also tends to affect equities, with the S&P 500 averaging –1.2% as institutional players rebalance ahead of Q4.
BTC closed August in the red – the first time since April – raising fears that September could repeat the pattern. However, historical data also shows that green Septembers often follow red Augusts, hinting that the market may have already priced in much of the seasonal weakness.
Analysts Predict a Reversal – Echoes of 2017?
Some analysts aren’t convinced September will live up to its bearish reputation. Rekt Fencer, a well-known crypto strategist, argues that “a September dump is not coming,” instead comparing today’s market structure to Bitcoin’s 2017 rally.
In both cycles, BTC sold off at the end of August, retested key support, and then reversed upward. In 2017, that bounce triggered the parabolic run to $20,000. If history rhymes, September could serve as a launchpad instead of a slowdown.
Technical Setup: Hidden Bullish Divergence
Analyst ZYN points to a hidden bullish divergence on Bitcoin’s weekly Relative Strength Index (RSI) – a classic reversal signal where momentum strengthens even if price action doesn’t.
This divergence, combined with the $105K–$110K consolidation zone, could open the door to a push toward $124,500 within 4–6 weeks.
That level would mark a new 2025 high for BTC and set the stage for broader market risk-on behavior heading into Q4.
DXY Weakness, Fed Pivot Support Crypto Sentiment
Macro factors may support this breakout. The U.S. Dollar Index (DXY) correlation with BTC has slumped to –0.25, the weakest in two years. A weaker dollar typically boosts risk assets and crypto.
At the same time, traders expect the Federal Reserve to begin cutting interest rates this fall. Analyst Ash Crypto suggests this could “mean trillions will flow into the crypto market,” and predicts a parabolic phase where altcoins could explode 10x to 50x.
That backdrop makes September a potentially pivotal month – if Bitcoin holds current support, the macro environment may provide the fuel for liftoff.
Bullet Snapshot: Bitcoin Price Today
Price: $110,467.50
24h Change: –0.31%
Volume (24h): $58.08B (–20.7%)
Market Cap: $2.2T
Supply in Circulation: 19.91M BTC
Max Supply: 21M BTC
Technical Outlook: Bullish divergence forming
Short-term Target: $124,500
Support Zone: $105K–$110K
Resistance: $124.5K and above
Bitcoin Hyper Raises $13.7M as BTC Layer-2 Buzz Builds
While Bitcoin struggles to find direction, Bitcoin Hyper is gaining traction fast. Positioned as the fastest Layer 2 on Bitcoin, this Solana-based L2 has raised $13.77 million in presale and continues to surge as users look for cheaper, faster BTC transactions.
With Bitcoin Hyper, users can send BTC in seconds, avoid high fees, and unlock features like staking, DeFi, and even meme coin trading. Its token, $HYPER, is still in presale at $0.012855, and offers on-chain staking rewards with built-in tokenomics:
30% development
25% treasury
20% marketing
15% rewards
10% listings
Token holders can earn up to 199.77 $HYPER per ETH block, with fewer tokens in circulation helping sustain long-term value. The presale has no hard deadline but is nearing its cap – timing may be critical before the next price rise.
