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Bitfinex analysts stated in a report that TradingView data shows that the total cryptocurrency market capitalization was approximately $1.029 trillion at the beginning of September, but by the end of September, it had risen by 6.1% to reach $1.092 trillion. According to this week's Bitfinex Alpha report, futures market indicators support a bullish outlook for the next month. Historically, bullish trends in September are followed by bearish trends in October, and both volatility and futures market indicators point to an increase in volatility and some upside potential, at least on higher timeframes. |
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