QCP Capital posted on its official channel that after breaking through the $61,000 mark last weekend, the cryptocurrency fell after Trump's second assassination attempt. Before the Asian opening, nearly $70 million of short positions were liquidated due to lack of liquidity, exacerbating the decline. It is worth noting that Bitcoin rose 13.8% from $58,000 to $66,000 in the same week as Trump's first assassination attempt on July 13. TOKEN2049 is underway, and the FOMC meeting will be held on Wednesday (September 18), and uncertainty remains around whether to cut interest rates by 25 basis points or 50 basis points. As the Fed approaches its first rate cut in this round, market tensions are increasing, which will amplify the impact of any unexpected macro data. The probability of a 50 basis point rate cut has jumped from 30% last Monday to 59%. This is reflected in the increasing volatility, with Bitcoin's implied volatility rising by 8 and Ethereum's by 20 last Friday.
