Bitcoin broke a three-year negative summer streak, but now faces its worst month, “red September,” with an average monthly return of -3.77% over 12 years. Investors brace for a risk-off posture as equities also see September as the weakest month, prompting funds to rebalance heading into Q4.

After six consecutive years of September losses, Bitcoin snapped the streak in 2023, posting two straight gains. A pivotal catalyst came when a federal appeals court ruled the SEC’s rejection of Grayscale’s Bitcoin ETF bid was “arbitrary.” The ruling revived confidence in a spot Bitcoin ETF, propelling Bitcoin about 4% in September.

Despite a history of regulatory shocks and tightening cycles in September, 2025 looks promising. Institutional capital flows through spot Bitcoin ETFs, while companies adopt Bitcoin treasury strategies. Fresh speculation swirls around China allowing offshore yuan-pegged stablecoins. Fed Chair Powell’s dovish tone hints at a policy stance adjustment, with markets expecting a rate cut at the upcoming FOMC meeting.

Read more at Cointelegraph: Bitcoin May Break Red September Cycle For Third Consecutive Year