**Crypto Market Update: Rebound on the Horizon? đ**
Singapore-based QCP Capital's latest analysis suggests the current dip in crypto prices might be temporary. With Bitcoin (BTC) dropping below $60,000 and Ethereum (ETH) falling under $2,400, the market shows short-term bearish trends. However, as US equities recover, a crypto rebound could follow! đ
Key Points:
- BTC and ETH prices have seen recent declines.
- Strong US labor market data and potential rate cuts could boost risk assets.
- Despite Middle East tensions, QCP expects an "Uptober" rally.
What do you think? Will we see a crypto comeback soon? Share your thoughts in the comments!
