Bitcoin's September Trends Likely to be Influenced by Interest Rates, Inflation, and Regulations

Bitcoin surged approximately 25% in August, marking its strongest monthly performance since late 2024. However, the trends for September are expected to be more significantly influenced by U.S. interest rates, inflation, and the schedule for cryptocurrency regulations. Natalie Brunell, host of the Bitcoin-focused podcast "Coin Story," stated on September 2 that the upward trend in August could increase market volatility due to the Federal Reserve's interest rate decisions, inflation indicators, and congressional discussions on regulations. Brunell noted that the Fed Chair mentioned that the inflation issue has not yet been resolved, with the inflation rate exceeding the target of 2% at 3.7%. The likelihood of an interest rate hike in September has risen from the 30% range to about 60%, which could exert short-term pressure on Bitcoin. Additionally, she pointed out that the U.S. Treasury's plan to double the scale of some long-term Treasury bond repurchases starting September 9 could also raise concerns about market stability and price management. Major financial institutions are preparing to launch a dollar stablecoin by 2027, which is interpreted as a reflection of user expectations by banks. Brunell emphasized that while stablecoins could change the way dollars move, their essence remains unchanged. Key decisions are expected from the employment report on September 4, inflation indicators on September 11, Senate procedural votes related to the Clarity Act on September 15, and the Federal Reserve meeting on September 15-16, which will be crucial for the September market.

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