Odaily News QCP Capital said that the crypto market has been under pressure recently due to factors such as the US non-farm payrolls data exceeding expectations and the rise in US Treasury yields. Bitcoin ETFs saw an outflow of $64 million yesterday, which may be due to traders reducing risks before important events. Despite the short-term headwinds, it believes this is a good opportunity to accumulate cryptocurrencies. Positive events include the launch of the ETH spot ETF and the verbal battle between Biden and Trump to win over crypto voters.