QCP Capital: BTC Holds $60,000 Level as Market Focuses on US Inflation Data and SpaceX IPO

Odaily Odaily News According to the latest market report from QCP Capital, South Korea's KOSPI index once plunged 8.4% due to the cooling of AI trading and foreign capital selling semiconductor stocks, triggering a circuit breaker and putting pressure on global risk market sentiment.

In the crypto market, BTC has temporarily held the $60,000 level after a significant pullback last week, but the options market remains cautious. Implied volatility for short-term options has risen, and demand for put options continues to increase. QCP stated that strong US employment data, the USD/JPY pair returning above 160, tensions in the Middle East, and the upcoming US CPI data are all keeping investors vigilant.

Additionally, the market is still focusing on uncertainties related to Strategy and the impact of the STRC dividend coverage issue on market sentiment. QCP believes the current market is watching whether BTC is forming a bottom above $60,000 or merely stabilizing temporarily before facing the next round of macro risk tests.

Key events this week include: the US CPI data on June 10, the US PPI data on June 11, and the SpaceX IPO expected to take place on June 12.