By Emir Abyazov Key highlights: $2.7B BTC sell-off tanks price after Fed speech Ethereum hits ATH, ETH/BTC crosses 0.04 Institutions rotate from BTC to ETH holdings Bitcoin drops after $2.7B sell-off, Ethereum takes the lead QCP Capital analyzed the dramatic shifts in the crypto market following Federal Reserve Chair Jerome Powell’s speech at Jackson Hole. […]
Tag: QCP
By Emir Abyazov Trading firm QCP Capital has released a new report in which analysts note Bitcoin’s strengthening position amid growing institutional demand. The firm emphasizes that corporate purchases of the digital asset have surpassed those made through exchange-traded funds for the third consecutive quarter. According to QCP Capital, Bitcoin is showing resilience even amid […]
By Emir Abyazov Trading firm QCP Capital has released a new report analyzing unexpected, tectonic shifts in currency markets and their potential impact on the cryptocurrency sector. The analysts focus on the extraordinary growth of the Taiwan Dollar against the US Dollar, which has shown impressive gains. Currency Shock: What’s Going On? On May 5, […]