QCP expects this Friday’s non-farm payrolls to further boost bullish momentum, Wu reported. The market is pricing in a 0% chance of rate cuts in June and July, but weaker non-farm payrolls could change that and could even be a catalyst for a breakout to all-time highs.

BlackRock's BTC spot ETF has become the fastest ETF ever to break through $20 billion, and the unprecedented inflow of traditional global capital will undoubtedly support the price of BTC. During the New York trading session, BTC has reached 71k.