QCP Capital points out that additional downturns in stocks could drive Bitcoin prices under the $75,000 threshold, raising concerns about market resilience.

The Singapore-based cryptocurrency trading firm highlights that the markets plummeted further due to new tariffs imposed by the United States on China, pushing the total tariff on Chinese goods to an all-time high of 104%. QCP Capital The firm notes that volatility remains acute, with the Cboe Volatility Index (VIX) exceeding 40 for the third consecutive session, while traditional safe havens like gold and US bonds are faltering as investors work to mitigate risk and satisfy margin calls. The refinancing strategy for US debt under the Trump administration is facing pressures, as yields rise sharply. The 10-year US Treasury yield hit 4.50%, while 30-year yields briefly crossed the 5% mark, and credit spreads are widening, reflecting a deterioration in risk appetite.

This scenario seems to be intensifying, as retaliatory strategies unfold, resembling a martingale approach. However, with China holding significant advantages, one must ponder how much further the US can escalate this conflict.

Instead of shifting strategies, Donald Trump QCP underscores that the markets find themselves at a pivotal juncture, reliant on the potential interventions from either a 'Donald Trump put' or a 'Federal Reserve put' for stability, yet neither seems readily available. With the unemployment rate stable and inflation on the rise, the Federal Reserve may opt to maintain current rates for now. This perspective deviates from market predictions, which are anticipating four rate cuts in 2025, including speculation about a potential cut occurring between meetings.

Bitcoin is hovering near the $75,000 level, but such stability could be shaken if there is another significant drop in equities. Meanwhile, Ethereum is lagging behind, trending toward the $1,400 range, reminiscent of early 2023. Amidst heightened volatility, cryptocurrency yield strategies are gaining traction, as the high implied volatility offers chances for carry through structured trades, as concluded by QCP. interest rates The cryptocurrency scene is experiencing downturns.

Currently, Bitcoin trades at $77,435, reflecting a decline of around 1.92% in the last 24 hours, with a peak of $80,197 and a low of $74,627 during this timeframe. The market cap for Bitcoin now stands at approximately $1.53 trillion, showing a decrease of 1.88% from the prior day.

Meanwhile, the total valuation of the global cryptocurrency market is $2.46 trillion, experiencing a 2.01% dip within the past 24 hours. The overall trading volume during this period is $129.96 billion, reflecting a significant drop of 15.85%.

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Alisa, a committed journalist at Cryptocurrencylistings, focuses on cryptocurrency, zero-knowledge proofs, investments, and the vast horizon of Web3. With an eye for emerging trends and tech, she aims to provide insightful coverage that engages readers in the dynamic realm of digital finance.