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Bitcoin Set For Biggest September Gains In A Decade: Here’s Why

  • Bitcoin is set to record its best September in a decade, surging past $65,000.
  • The price appreciation can be attributed to factors such as the US Federal Reserve's interest rate cut, global central banks lowering borrowing costs, and the impact of Bitcoin halving.
  • US spot Bitcoin ETFs are also witnessing rising interest from retail and institutional investors, with total net daily inflows of $365.57 million.
  • Bitcoin still needs to overcome important price levels before hitting a new all-time high, including a strong resistance level at $65,200.

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