Why Is September So Bad for Bitcoin?
A look at the historical trend as well as what’s driving weakness in the crypto and stock markets.
Presented by
ABOUT
This episode is sponsored by NYDIG.
Today on “The Breakdown,” NLW looks at the historic weakness in the bitcoin market in the month of September. He examines:
- The numbers that show how persistent this trend has been
- Some anecdotal explanations for why it’s so
- Why September is the worst month for stocks historically
- The role of summer vacation and mutual fund fiscal years in that historic weakness
- The latest regulatory FUD around crypto and why stablecoins are the next big target
See also: Crypto Funds See Inflows, Despite Slower Overall Volumes
“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Only in Time” by Abloom. Image credit: jokerpro/iStock/Getty Images Plus, modified by CoinDesk.
HOSTS
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

EPISODES
The EU Has Now Become the Global Crypto Regulatory Leader
The just-passed legislation puts the European Union in a leadership position.
Apr 23, 2023
Hasta La Vista, U.S.! Crypto Companies Look Abroad
U.S. crypto leaders are heading offshore due to unclear rules and regulatory capture by the Securities and Exchange C...
Apr 22, 2023
A Landmark Moment for Crypto in Europe as MiCA Passes
The Markets in Crypto Assets bill is the first major global comprehensive crypto legislation.
Apr 22, 2023
The Case for U.S. Stablecoin Regulation
For the second straight day, the House Financial Services Committee held a hearing on crypto-related issues.
Apr 20, 2023
COINDESK SERIES

The Mining Pod
Feb 10, 2025

CoinDesk Podcast Network
The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.
Dec 20, 2023

Markets Daily Crypto Roundup
Tune in as CoinDesk runs down daily action in bitcoin markets and some of the most important recent industry development.
Dec 19, 2023

Unchained
Unchained, your no hype resource for all things crypto by former Forbes senior editor Laura Shin, author of The Cryptopians.
Dec 18, 2023