Bitcoin's Weak September Could Actually Be Its Secret Weapon Against Ethereum This Year

Group 1 - Bitcoin reached an all-time high of nearly $125,000 last month, but September, historically a weak month for Bitcoin, may see it reclaim dominance from Ethereum [1] - Analysts are predicting a potential reversal in Bitcoin's performance despite its traditional September slump, as Ethereum surged 74% over the past two months while Bitcoin only increased by 1% [2] - In August, Bitcoin fell by 7%, while Ethereum rose by 17%, leading to a decline of over 5% in Bitcoin's market dominance [3] Group 2 - The ETH-BTC ratio has reached levels that raise concerns about Bitcoin's position as the leading cryptocurrency [4] - Historically, September has been a challenging month for Bitcoin, averaging a decline of 3.7% since 2013, with only two positive finishes in over a decade [5] - Matthew Sigel from VanEck suggests that Bitcoin could outperform in September as retail investor interest wanes in newer crypto projects, leading institutional investors to seek refuge in Bitcoin [6]