QCP Capital: Multiple catalysts boost BTC rise, still maintaining a medium-term bullish view

Bitget2024/07/17 11:20

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BlockBeats news, on July 17th, QCP Capital posted on its official channel that although Bitcoin had fallen to $54,000 a few days ago and altcoins also fell by 30%, the market was filled with panic. However, the institution still maintains a medium-term bullish view. They believe that current positives include:

· Powell's dovish stance, the market believes there is a 100% chance of interest rate cuts in September

· The German government has finished selling off

· The launch of ETH spot ETFs is basically a foregone conclusion

· Trump chose J.D. Vance as Vice Presiden.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Intel disclosed that CEO Pat Gelsinger purchased 150,000 shares of Intel common stock on the open market on November 2nd, at a weighted average price of $64.7312 per share, with a transaction amount of approximately $9.71 million. The purchase was made through a family trust, and after the transaction, the trust's Intel holdings increased to 1.4647 million shares, up around 11.4% from before the transaction. Following the announcement, Intel’s share price briefly rallied, narrowing its decline to 1.2% before retreating again.

华尔街见闻•2026/11/04 19:17