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Bitcoin Price Gains 44% for Second-Best Q3 as Ethereum Jumps 71%
Bitcoin is set for its second-best third quarter on record, gaining 44%, while ether has posted its best third quarter ever with a 71% jump. Stronger ETF demand, rising spot activity, and subdued profit-taking are supporting the rally with days left in September.
Published:
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What happened
Bitcoin is set for its second-best third quarter on record, gaining 44%, while ether has posted its best third quarter ever with a 71% jump. Stronger ETF demand, rising spot activity, and subdued profit-taking are supporting the rally with days left in September.
Confirmed
Global impact / market context
Stronger ETF demand means more money entering bitcoin through exchange-traded funds, which can push prices higher. Rising spot activity shows more actual buying, while subdued profit-taking means fewer investors are selling to lock in gains, helping the rally continue into the next quarter.
Analyst inference
Bitcoin and ether are the two largest cryptocurrencies by market value, so their strong quarterly gains can lift the whole crypto sector. If ETF demand and spot buying stay strong, related companies and investor positions tied to crypto could benefit.
Analyst inference
What to watch
- Whether bitcoin can extend its rally with only a few days left in September, as the article says attention remains on this question. Confirmed
- Watch whether stronger ETF demand and rising spot activity continue after the quarter ends, since these are cited as current supports for the rally. Proposed
- Track whether subdued profit-taking persists; if more investors sell to lock in gains, that selling pressure could slow or reverse the price rise. Analyst inference
Affected assets
- BTC — Bitcoin
- ETH — Ethereum