Crypto Volatility Spikes as Macro FUD Returns

The crypto market has started September on a volatile note, sparking concerns about broader macro stress.

According to AMBCrypto, the total crypto market cap has been stuck in a tight range for almost two weeks, making it crucial to determine the source of this volatility.

U.S. President Donald Trump's recent statement on striking Iranian targets has led to increased geopolitical tensions and higher oil prices, which could lead to inflation worries and hikes in interest rates.

This macro FUD is weighing heavily on crypto, with Bitcoin averaging a -3% ROI in September, making it the most bearish month for the asset.