PANews reported on August 24 that QCP Capital, a Singapore-based crypto investment firm, said that BTC has easily returned to the familiar $61,000 to $70,000 range, that selling supply is slowly decreasing, and that spot ETFs have seen net inflows in 10 of the past 12 days. Similar to last night, cryptocurrencies appear to be looking for a narrative that breaks through this months-long bullish flag. Despite the significance of Nvidia's earnings report next week and the September rate cut, spot prices will continue to fluctuate in this range until the fourth quarter. QCP Capital still believes that the U.S. election and seasonal bullish factors could be catalysts for record highs.