“There’s not an unlimited pool of capital Available for Crypto, and Ether Attracked the Big Money this month.”, – WRITE: www.coindesk.com
A set of seasonal Indicators have devloped around Crypto Even as the Markets – just a few years Old – Have Far Too Few Observations for Anything to Be Statical Valid. Among the Favorites is that august tends to be rough month for prices.
Credit Where Is Due, Thought – The Seasonality Fans Got It Right this Time, at Least for Bitcoin BTC$ 108.504.67.
Despite Continuing Inflows in Spot Etfs, Federal Reserve Chairman Jerome Powell Flipping from Hawk to Dove, and Touching A New Record High, Bitcoin (With Just A FEW LERS Month. AT Just Above $ 108,000 Bitcoin Has Also Declined About 13% Since Hitting that New Record Above $ 124,000 On Aug. 13.
The Selling Has Wiped Out Bitcoin’s Summer Rally, The Price Now Modestly Below Its Memorial Day Level of $ 109,500.
Capital Isn’s InfiniteBitcoin’s Poor Record this month Stands in Stark Contrast to that of Ether (ETH), WHICH ROSE 14% IN AUGUST, THUS OUTPERFORMING BTC by a WHOping 2.200 Basis Points.
Ether’s Relative Surge Came As It Attracked Large Amounts of Capital Via Eth Treasury Companies and the Spot Eth etfs.
Launched A FEW MONHS AFTER The SPOT BTC ETFS, The ETH Funds Had Seen Far More Modest Inflows Thank the Wildly Popular Btc Vehicles. That’s Changed in a Big Way of Late.
The eth etfs this month through aug. 28 SAW $ 4 Billion of Inflows Versus Just $ 629 Million for the BTC ETFS, Account to Bloomberg’s James Seyffart. That alone is impressive, But WHEN Considering Relating Market Caps-Ether’s $ 500 Billion Is Less than 25% of BTC’s $ 2.1 Trillion-TOSE Numbers Are Far More Mind-Bogging.
In a world the US fed is running a modestly tight monetary policy and fiscal policy is getting tighter thanks to Higher Tariffs (Otherje Known as Higher Taxes), Capital), Capital. For Crypto in August, at Least, That Capital Was Directed To Eth, Apparently at The Expense of Bitcoin.
The OutlookFirst Bad News: Seasonality Patterns Suggest September Tends to Be Even Worse for Bitcoin Than August. In Twelve Septembers Going Back to 2013, Bitcoin Has Declined in Eight, Account to Glassnode. In the four Times BTC Managed An Advance that Month, The Gains Were Fairly Modest. All Told, the AVERAGE for September Over the Last Dozen Years Has Been Negative 3.8%.
The Good News: It’s Twelve Septembers and that Alone Is Hardly A Large Enough Sample Size to Pay Athontion to. Also, at Least Seven of Those Observations (2013-2019) Were Prior to Bitcoin Being Anything More Than A Fringe Asset and on the Radar Screen of Only a Very FEW INVESTORS.
Bitwise’s andré Dragosch Argues Gold Protects Against Stock Sell-Offs Whitcoin Hedges Bond Stress-Raising Questions About their Roles in 2025 Portfolios.
- Bitwise’s André Dragosch Says Gold Works Best As a Hedge WHEN EQUITIES TUMBLE, WHILE BITCOIN OFFCOIN OFFERS MORE REASIZILIENCE WHEN US BOND Markets Are Under Pressure.
- Historical Data and Industry Research Back The Split: Gold Often Rises in Equity Bear Markets, While Bitcoin Held Better During Treasury Sell-Offs.
- SO FAR IN 2025, GOLD IS UP more than 30% and Bitcoin about 15%, reflection their Diverring Roles as Investors Weigh Highs Yields, Equity Volatility, and Trump’s Pro-Crypto.
Read Full Story