S&P 500, Bitcoin and Ethereum Enter Historically Weak September After Strong August
S&P 500 capped record August while Bitcoin and Ethereum posted double-digit gains; seasonal data now signals a rocky September.
August proved to be a strong month across both traditional and digital asset markets. The S&P 500 climbed more than 2% and set fresh record highs during the month, capping a period of notable equity gains.
Cryptocurrencies also ended August on a positive note. Bitcoin rose 24.95% month-over-month, while Ethereum gained 32.5%, according to figures cited in the latest market summary.
Seasonal headwinds for September
Historical data now points to a traditionally weak September for both equities and digital assets. The month has a track record of below-average returns on Wall Street, and crypto markets often see similar seasonality after a strong summer.
As September begins, investors and traders will be watching whether the recent momentum in stocks and cryptocurrencies can overcome the historical pattern, or if the month lives up to its reputation as a challenging stretch for risk assets.