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Bitcoin may break through \'September weakness\' as U.S. stocks, rates and ETFs come into focus

Bitcoin could face seasonal downside pressure in September, a period that has often been weak for both U.S. stocks and bitcoin, CoinPost cited Japan-based research firm XWIN Japan as saying. XWIN Japan noted the S&P 500 has averaged a -0.8 percent return in September over the past 50 years, while bitcoin posted negative September returns for six straight years from 2017 to 2022. It said marketwide risk sentiment, U.S. long-term yields, expectations for Federal Reserve rate cuts, and spot bitcoin ETF flows and demand are key variables.

Crypto

Japan to enter bitcoin spot ETF era; $18.4 billion market seen by FY2028

Japan\'s bitcoin spot exchange-traded fund market could grow to about $18.4 billion by fiscal 2028, as retail investor access broadens, institutional money flows in and tax changes take hold, industry participants say. Digital asset manager XWIN said the forecast is based on realistic funding assumptions, with the target equalling 0.13 percent of Japanese household financial assets. It also pointed to retail channels, institutions and product supply from financial firms as key inflow routes.

Crypto

Bitcoin eyes $69,000 on oil drop; five things to watch this week

Bitcoin is showing a short-term rebound on expectations of a U.S.-Iran peace deal and falling oil prices, with the market watching a move back toward $69,000. Risk assets rose as crude slipped below $80 a barrel. Traders cited improved technical conditions after bitcoin held support around $60,000 to $62,000. This week’s focus includes the Federal Reserve’s rate decision and mixed on-chain indicators, with some warning of renewed downside if range trading persists.