Main navigation

Here Are 11 Events That Will Provide Volatility for ATOM, LINK, ETH and Others in September

Fri, 09/02/2022 - 08:23
article image
Arman Shirinyan
Variety of cryptocurrencies will receive important updates in September despite month's bad reputation
Here Are 11 Events That Will Provide Volatility for ATOM, LINK, ETH and Others in September
Cover image via

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News

In a recent article, we covered how September remains one of the worst months for the cryptocurrency industry‌. The only major event that might have pushed an increase of volatility onto the market is Ethereum's Merge update. But aside from that, smaller projects will also receive a variety of new updates.

ATOM's Cosmoverse conference

The Cosmoverse conference will take place from Sept. 26 to 28 and include numerous development updates and the launch of inter-chain security. The event has already caused a short-term recovery rally for ATOM.

The asset's price has increased by more than 100% since reaching the local bottom back in June. For now, the token trades at $12.5.

Layer 2 networks

The Arbitrum ecosystem received a variety of updates at the end of August and beginning of September, with the launch of Arbitrum Nitro that further decreases transaction and operations fees.

Ethereum's Arbitrum Turns One, Activates Crucial Upgrade Nitro

Developers will also give the community more information about the ARBI token, which is going to increase the breadth of the Arbitrum ecosystem and bring more usage to it.

The Merge, CPI Data and FOMC

In addition to a large number of events and updates on smaller cryptocurrencies, the market will most certainly receive a volatility injection after three major events: Merge should affect Ethereum's price performance, CPI data will shape the structure of the financial market and FOMC will show us if monetary policy will remain strict or even become rigid if the rate hike exceeds expectations.

At press time, most cryptocurrencies are showing neutral performance due to a lack of liquidity and volatility on the market.

article image
About the author

Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.

Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.