QCP Capital: Market volatility will remain low during the summer
Odaily-Newsflash2024/06/14 07:16
By:Odaily-Newsflash
Odaily News QCP Capital published an analysis in the Telegram channel, saying: Despite strong momentum in the stock
market, BTC is still struggling to recover after the Federal Open Market Committee (FOMC) meeting. Why is there such a divergence? We think this is because BTC miners are experiencing a post-halving collapse, which directly suppresses prices. Flowbank, one of the banks with a three-party agreement with Binance, is also facing bankruptcy proceedings. We will usher in a quiet summer with low volatility and no catalysts that can drive the market. We dont think ETH will make a big move immediately, and Gensler expects the approval of the spot ETH ETF to take place in late summer.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Bitget Launches PLUME On-chain Earn With 4.5% APR
Bitget Announcement•2025/07/31 10:00
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Bitget Announcement•2025/07/30 11:00
Bitget Trading Club Championship (Phase 2) – Grab a share of 50,000 BGB, up to 500 BGB per user!
Bitget Announcement•2025/07/30 11:00
Subscribe to UNITE Savings and enjoy up to 15% APR
Bitget Announcement•2025/07/30 10:00
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$115,022.09
-3.00%

Ethereum
ETH
$3,624.61
-6.07%

XRP
XRP
$2.92
-7.61%

Tether USDt
USDT
$0.9996
-0.03%

BNB
BNB
$768.8
-5.14%

Solana
SOL
$167.6
-8.04%

USDC
USDC
$0.9997
-0.01%

TRON
TRX
$0.3254
-0.68%

Dogecoin
DOGE
$0.2046
-8.95%

Cardano
ADA
$0.7196
-8.44%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now