Bitcoin remains resilient in September, despite the US Federal Reserve's decision to pause on interest rate hikes, causing a minor 0.3% dip against the US dollar. This 'hawkish hold' by the Fed, hinting at future rate hikes, hasn't dampened Bitcoin's impressive 4% gain this month. Ethereum, however, felt the pinch, declining 1.3%.
In the altcoin arena, Toncoin steals the spotlight with a remarkable 25% weekly growth. Other altcoins like Binance’s BNB, Cardano, Ripple, and Solana are also making noteworthy strides.
The global crypto market experienced a slight setback, but Bitcoin's dominance remains unshaken. Interestingly, the Crypto Fear & Greed Index, a key indicator of Bitcoin's market momentum, has shifted from a prolonged 'fear' phase to a more neutral stance.