QCP Capital said that the Federal Reserve cut interest rates by 50 basis points and planned to cut interest rates several times in the future. Powell's attitude was vague, and the market focused on labor data.
U.S. Treasury spreads rebounded, and the S&P 500 index fell after the FOMC meeting.
In terms of options, the volatility of Bitcoin and Ethereum decreased after the FOMC meeting, and the price of Bitcoin rose.
QCP Capital expects that the volatility of the crypto market will soar as the U.S. presidential election approaches and after the next FOMC meeting.
