September Mid-Month Report: Markets Treading Water, Polarization Gets Hotter
The crypto sector has had its moments thus far in September. But the story has been short-lived rallies, a few isolated altcoin pumps, and not a lot of movement at the end of the day.
The month of September started off with an immediate drop, with the Grayscale victory over the SEC boosting BTC to approximately $28K on August 29th. But just as hope was beginning to rise, prices flushed on September 1st back down to $25K.
Since this drop last Tuesday, prices have recovered mildly for crypto. But certainly nothing to raise eyebrows. Bitcoin Cash has continued to benefit from ETF hopes as one of the primary assets to be included. And Toncoin has been the biggest story, now +105% (more than double) since the beginning of August.
But for the most part, the flat price performances have just
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