The crypto market, especially bitcoin, has seen a sizable rally recently, influenced by factors like the SEC’s ether futures ETFs approvals and other government decisions, QCP Capital wrote in a recent note, highlighting that bitcoin has gained 15% in the last two weeks. However, QCP has concerns regarding the rally’s sustainability, with shifts in demand and historical data suggesting potential market downturns.
U.S. House’s McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill
The thing to watch, he suggested, is if a lot of Democrats show up to support the bill.McHenry, who is...