Bitcoin and Ethereum Shatter Records in August: Can September Keep the Momentum?

Crypto markets just ripped through previous ceilings—Bitcoin and Ethereum notched fresh all-time highs last month, leaving traders buzzing and skeptics scrambling.

The September Question

Now everyone’s wondering: will the momentum hold? Historical trends whisper caution—September hasn’t always been kind to crypto. But this cycle feels different. Institutional inflows are stronger, regulatory clarity is improving (slowly, painfully), and retail FOMO is creeping back in.

Of course, traditional finance pundits are already calling it a bubble—because nothing says 'relevant' like dismissing a multi-trillion dollar asset class between sips of overpriced coffee.

Keep your eyes on key support levels. If bulls defend them, we might just see the rally extend. If not? Well, volatility is part of the game. Either way, September promises drama.

Will Bitcoin and Ethereum Hit Another All-Time High In September?

September has historically been a bearish month for Bitcoin (BTC). Given that BTC is the market leader, and other assets follow its trajectory, September has been a bearish month for the general crypto market. If BTC continues to follow its historical pattern, we may see the asset face further correction. Ethereum’s (ETH) price will also suffer under such circumstances.

However, there is a high chance of an interest rate cut in September. A rate cut could help BTC’s price. Federal Reserve Chair Jerome Powell stated after his Jackson Hole meeting that current conditions “” This may mean that the Fed is eyeing an interest rate cut next month. The Federal Open Market Committee (FOMC) meeting is scheduled for Sept. 17. A rate cut could provide substantial cushioning to any price correction Bitcoin (BTC) and Ethereum (ETH) may face.

Despite the high chances of a rate cut, the path ahead may not be as clear as it needs to be for bitcoin (BTC) and Ethereum (ETH) to hit new all-time highs. According to Lisa Shalett, chief investment officer at Morgan Stanley, ““

Macroeconomic conditions could present challenges to the crypto market. BTC and ETH could face price consolidations in such a scenario.