September Markets Update & The AI ALPHA LINK Algo Trading Strategy at Glance

The trading bots on the Mercor platform showing impressive results

September Updates

Bitcoin price 1 month candle chart. Source: TradingView
  • The Fed Chairman Jerome Powell’s speech at the Jackson Hole Symposium moved both the stocks and the cryptocurrency markets down. Watch the speech remarks below:
  • US dollar hits new 20-year high. Read more here.
  • The total altcoins market capitalization excluding Bitcoin dropped to $551 billion reaching its lowest since the beginning of August 2022.
Altcoin market cap 1 month candle chart. Source: TradingView
  • ETH whales move holdings onto exchanges before Merge.
  • The long-anticipated Ethereum Merge upgrade is coming in September.
  • FOMC(Federal Open Market Committee) meeting on interest rate hikes will be held on 20–21 September.

Automated Algorithmic Trading by World Class Algorithms

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Mercor Finance

Mercor disrupts financial markets by building a bridge between algorithmic trading and every-day investors worldwide. Official website: https://mercor.finance