Latest Market Predictions 9/3: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, SUI
The Bitcoin market bulls are attempting to regain control by driving the price beyond $112,500. The question now is whether altcoins will join the move. On Wednesday, Bitcoin climbed to $112,500, signalling that buyers are aiming to build on the recent rebound. This upswing spurred interest in spot Bitcoin exchange-traded funds, which saw net inflows of $332.7 million on Tuesday, according to SoSoValue. Adding to the bullish sentiment, gold (XAU) broke above $3,500 per ounce on Tuesday, setting a fresh record. Historically, Bitcoin has tended to track gold’s performance with a delay. Data shows that BTC’s median advance after gold hits a new all-time high is about 30% over three months and 225% within a year. Should the pattern hold, Bitcoin might climb into the $135,000–$145,000 range by early December. Crypto market data daily view. Source: Coin360 However, September’s weak seasonality is a risk for the bulls in the near term. Network economist Timothy Pe...