According to BlockBeats news, on November 8, QCP Capital released a research report saying that yesterday’s net inflow of Bitcoin spot ETF funds reached a record high of 1.38 billion U.S. dollars, compounded by the optimism brought about by Trump’s victory and the market’s response to the Federal Reserve’s 25 basis point interest rate cut. The expectation pushed BTC to rise to $77,000 this morning.
However, some of the “Trump deals” have begun to unwind. The dollar gave up most of its post-election gains and Treasury yields returned to recent ranges after a brief wave. As the market assesses Trump’s proposed 60% tariffs on China and the United States’ rising national debt, Bitcoin’s risk premium may be lower than that of stocks. This continued BTC bull market may form positive feedback.
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<p>The post QCP: Bitcoin risk premium may be lower than stocks, and the continued Bitcoin bull market may form positive feedback first appeared on CoinBuzzFeed.</p>
