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Bitcoin, Ethereum, Solana, and XRP have fallen sharply this year, with analysts expecting a Bitcoin cycle low between September and November
svmuu.com16/08/2026 18:01
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Year-to-date, Bitcoin is down 29%, Ethereum is down 37%, Solana is down 40%, and XRP is down 47%. XRP, in particular, fell below $1 this month for the first time since November 2024. Analysts believe that the Federal Reserve maintaining high interest rates at 3.50%-3.75% and investors shifting funds to AI stocks are the main reasons for the cryptocurrency decline. Year-to-date, Bitcoin ETFs have seen net outflows of $4.83 billion. Both Galaxy Research and CryptoQuant predict that Bitcoin's cyclical low will be between September and November, indicating potential further declines before any recovery begins.
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