📢【Blockchain Market Dynamics】📢

QCP Capital's latest report points out that macro uncertainty dominates the crypto market on the eve of the US presidential debate. The 30-day correlation between Bitcoin and the MSCI World Stock Index reached 0.6, close to a two-year high. 📈

The options market shows that options expiring on September 11 were actively traded, with 400 contracts at a strike price of $57,500. The market expects that Bitcoin prices may fluctuate by more than 3.3% after the debate. 🌊

QCP Capital believes that the market will pay close attention to Kamala Harris's policy stance in the first debate, especially in contrast to Trump's inflationary policies such as lowering corporate taxes and raising tariffs. Although Bitcoin is often seen as a "Trump trade", if Harris actively mentions cryptocurrencies in the campaign, it may bring unexpected surprises. 🎉

QCP Capital reiterated its structural bullish stance in the fourth quarter after Bitcoin spot ETF fund flows turned positive. They recommend stable returns at current price levels while maintaining upside. 🚀