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September 2021 is going to be a big month for crypto, and here's why

All Cryptocurrencies

by COINS NEWS 193 Views

Ethereum First Deflationary Day - Ethereum has recently had its first deflationary day, and I believe there are many more to come in September.

Cardano Alonzo Hard Fork - Possibly the most hyped-up news in the market right now is Cardano and the Alonzo hard fork upgrade. This upgrade is going to introduce Smart contracts, which is really big for Cardano and of course, its price.

Bitcoin Price - Bitcoin has recently returned to the important psychological price point of $50k and could very well be staying above that line and even go way above this September.

Solana - Since Solana's introduction of the NFT project Degenerate Ape Academy, the price has skyrocketed with no signs of stopping in September

Ripple - With the lawsuit against the SEC continuing and looking really good for XRP, it is likely that we will see much bullish news from XRP that will cause the price to get pushed up significantly during September.

Even though September is a historically bad month for crypto, I believe that all of this bullish news can make people shy away from the FUD September historically has to offer.

Most of these events are sourced from CoinDesk.

If there's anything I'm missing, please tell me down below and I will do my best to update the post.

submitted by /u/PatrickDH
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