The crypto market, particularly bitcoin, has seen a large rally just lately, influenced by elements just like the SEC’s ether futures ETFs approvals and different authorities choices, QCP Capital wrote in a current word, highlighting that bitcoin has gained 15% within the final two weeks. Nonetheless, QCP has issues relating to the rally’s sustainability, with shifts in demand and historic knowledge suggesting potential market downturns.
BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
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