Odaily News QCP posted on its official channel that the possibility of the Fed cutting interest rates on Wednesday is extremely low, but any dovish signal from Powell could be a catalyst for Bitcoin's upward momentum. As the United States shifts from "fiscal dominance" (government spending drives growth) to deficit reduction promoted by Trump, the policy burden falls back on monetary policy. Although QCP does not expect the Fed to unexpectedly cut interest rates, dovish signals could trigger momentum in the market.
Macro volatility has eased slightly, with the VIX index falling back to around 20, and Bitcoin volatility has also declined, currently still fluctuating between $80,000 and $85,000. In the absence of new tariff news, geopolitics is back in focus. Gold prices have broken through $3,000, while Bitcoin continues to show negative correlation.
Historically, cryptocurrency prices tend to lag behind changes in global liquidity conditions. With the Fed’s possible policy shift and a new round of stimulus measures from Europe and China, Bitcoin may usher in a new round of gains after this adjustment.