QCP: Easing Geopolitical Tensions Boost Risk Assets, but Strategy-Related Pressures Continue to Weigh on the Market Bitcoin
Svmuu News: According to QCP Market Color, as the U.S. and Iran signed a memorandum of understanding and signaled the reopening of the Strait of Hormuz, the market saw a clearer geopolitical landscape this week. Risk assets were supported, U.S. stock futures rose and broke through all-time highs, while crude oil prices fell back below $75.QCP noted that, on the macro front, attention should remain focused on the guidance provided by the Federal Reserve dot plot regarding the short-term path of monetary tightening. In the crypto market, BTC remains stuck below $66,000, and concerns over Strategy’s funding needs continue to weigh on market sentiment, preventing Bitcoin from joining the broader rebound in risk assets for the time being.
Source:Odaily · Source Link
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