Crypto Market at a Standstill
The overall crypto market is moving sideways, with the total market cap chart showing a lack of strong direction in recent weeks. After peaking in mid-August, momentum has cooled, and the market is consolidating just below the $4 trillion mark. This pause reflects uncertainty among traders as they wait for clearer macro signals.
Despite this standstill, such consolidations often precede strong breakouts, making September a key month to watch.
Total market cap in USD - TradingView
Bitcoin Price Action
Bitcoin ($BTC) remains the market’s anchor, holding steady above the $110,000 zone after retreating from its all-time high near $120,000. The current consolidation suggests BTC is building support, but with no immediate bullish catalyst, traders are shifting t...
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