Uncertainty continues in cryptocurrency market until US presidential elections; investors ”surrender completely”

Uncertainty in the cryptocurrency market is expected to continue until the U.S. presidential election in November.
Cryptocurrency analysis firm Nansen said in their latest report:
In the two weeks from August 26 to September 7, Bitcoin and Ethereum spot ETFs (exchange-traded funds) generated $983 million and $133 million, respectively.
"During the same period, the supply of stablecoins also decreased by $450 million (approximately 63.7 billion yen)," the report said.
He added, "This phenomenon, unlike the sell-offs in March and August, is not a result of investor capitulation.
"This could be a signal that cryptocurrencies will continue to trade at a faster pace," he said, adding, "Uncertainty about risk assets, including cryptocurrencies, is expected to continue until the U.S. presidential election in November."