Singapore-based cryptocurrency trading firm QCP Capital notes that despite a resilient stock market, Bitcoin continues to struggle to recover from the FOMC meeting. The company suggests that this divergence is being caused by the capitulation of Bitcoin miners after the halving, which directly limits prices. 📉

Bitcoin is currently trading at $66,923, showing a slight decline of over 1% over the past 24 hours. While the ETH price is trading at $3,515, showing an increase of 0.32% over the past 24-hour period. 📊

QCP Capital expects a relatively quiet summer, characterized by minimal volatility and a lack of market catalysts. However, they suggest looking at early accumulation during this period of subdued market activity, particularly focusing on Ethereum.