Bitcoin Aims to Avoid September Slump as Jobs Report Looms

Bitcoin is trending upwards, nearing the $80,000 mark after a 3.3% surge to $79,975.

Historically, Bitcoin has averaged a 3% decline in September since 2013, according to analysts with Bitget Wallet.

However, this month's market factors may decide whether Bitcoin bucks that trend.

Lacie Zhang from Bitget Wallet notes that 'This week's macro calendar will likely decide which September we get.'

Friday's jobs report is the first major test of this pattern, with key events like CPI and the Fed decision still to come later in the month.