Wu Blockchain (@WuBlockchain): QCP notes that Bitcoin briefly fell below $90K this week, pressured by cooling expectations for a Fed rate cut and continued ETF outflows. Lower liqui…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-30Negative
QCP notes that Bitcoin briefly fell below $90K this week, pressured by cooling expectations for a Fed rate cut and continued ETF outflows. Lower liquidity further amplified the decline. Fed Chair Powell reiterated that a December rate cut is “not guaranteed.” Markets are closely watching this week’s labor data and leading indicators to assess whether Bitcoin’s pullback is a short-term positioning adjustment or the start of a broader risk-off shift. https://t.co/esxQ4DAuN1