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QCP: Recent Pullback in Crypto Market Seen as Healthy, Overall Uptrend Unaffected

Summary: In a recent report, QCP stated that the release of US PPI data has essentially eliminated the possibility of a 50 basis point rate cut. In the cryptocurrency field, US Treasury Secretary Benson stated that confiscated bitcoins will not be sold and that efforts will be made to explore budget-neutral ways to acquire more bitcoins ...

In a recent report, QCP stated that the release of US PPI data has essentially eliminated the possibility of a 50 basis point rate cut. In the cryptocurrency field, US Treasury Secretary Benson stated that confiscated bitcoins will not be sold and that efforts will be made to explore budget-neutral ways to acquire more bitcoins to expand reserves. Bitcoin has stabilized around $119,000 after dropping from a high of $124,000, with risks...

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Link: QCP: Recent Pullback in Crypto Market Seen as Healthy, Overall Uptrend Unaffected   [Copy]
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