As we enter a new month, it is a good time to reassess the market outlook.

Throughout August, we held the belief that the crypto market would gradually recover from its early-month lows. While this expectation was partly fulfilled, we now recognize several indicators suggesting a downward trend or, at best, sideways movement throughout September. These include the current macroeconomic conditions, the flow of the U.S. Bitcoin and Ethereum ETFs, and the absence of a Coinbase price premium. In light of these factors, we anticipate that prices will either remain at their current levels or decline by the end of September.

But first, let us review the top crypto news from the past week.