In brief
- Bitcoin volatility at historic lows, trading more than 2% below its all-time high, but analysts warn Q3-Q4 could bring “fireworks.”
- BlackRock’s Bitcoin ETF holds more than 700,000 Bitcoin (3.52% of supply).
- Markets expect delayed tariffs and rate cuts, but Trump’s August 1 trade deadline could test risk resilience.
Bitcoin price volatility has sunk to historical lows with its price hovering about 2% off its all-time high, but QCP Capital analysts are warning investors to “beware the quiet.”
“Volatility may be on summer break, but Q3 and Q4 could still deliver fireworks,” the analysts wrote in a recent blog post.
The current low volatility is a sign that markets have priced in a Goldilocks scenario with delayed tariffs, rate cuts from the Federal Open Markets Committee later this year, and sustained fiscal deficits, the analysts wrote.
“While whales, OGs, and miners largely sidelined, Bitcoin remains just 2 to 3 percent below all-time highs,” they said. “This is supported by steady inflows from ETFs and public corporate treasuries.”
Go to Source to See Full Article
Author: Stacy Elliott
Tip BTC Newswire with Cryptocurrency