Cryptocurrency analytics firm QCP Capital released its market report, highlighting various topics including the US presidential race, inflation data, and key developments in the crypto market. Despite no mention of cryptocurrency during the debate between Donald Trump and Kamala Harris, QCP Capital considered it a significant event. Harris currently has a slight lead in the race, with a slightly above 50% chance of becoming the first female president, according to estimates. Economic data showed a 2.5% increase in the Consumer Price Index, raising the probability of a rate cut. Gold prices rose to an all-time high as investors sought safe-haven assets. Positive inflows were seen in Bitcoin ETFs, while outflows from Grayscale Bitcoin Trust slowed. MicroStrategy purchased an additional 18,300 BTC, bringing its total assets to 244,800 BTC. The price of Bitcoin surged to $60,000, resulting in the liquidation of short positions. The options market showed renewed interest in Ethereum, with optimism for a potential rally before year-end.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-09-15
Analysis Company Analyzed What Happened This Week: What’s Ahead for Bitcoin?