QCP Capital posted on the official channel that after breaking through the $61,000 mark last weekend, the cryptocurrency fell after Trump's second assassination. The decline was exacerbated by the liquidation of short positions of nearly $70 million due to lack of liquidity before the Asian opening. Notably, Bitcoin rose 13.8% to $60,000 from $8,000 in the same week as Trump's first assassination attempt on July 13.
TOKEN2049 is taking place. The FOMC meeting will be held on Wednesday (September 18). Uncertainty remains over whether to cut interest rates by 25 basis points or 50 basis points. As the Federal Reserve approaches its first rate cut this round, market tensions are rising, which will amplify the impact of any unexpected macro data. The probability of a 50 basis point rate cut has jumped to 59% from 30% last Monday. This is reflected in the increasing volatility, with Bitcoin implied volatility rising by 8 and Ethereum rising by 20 last Friday.
QCP Capital: Market volatility intensifies, macro data impact will be amplified
2024-09-16 10:23:31
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QCP Capital：市场波动加剧，宏观数据影响将被放大
