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- 💎 $100,000 💎
The king of crypto just shattered the six-figure milestone! 🚀
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- 🚀 #GT# hits a new all-time high of $13.329, surging 16% in the last 24 hours!
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QCP Capital: The rapid rebound in the market reflects a strong bullish sentiment, with short-term macro risks but still bullish.
On December 4th, QCP Capital announced in its official channel that Trump's proposal to cancel the Cryptocurrency capital gains tax for issuance by US companies in November has ignited a crazy frenzy in the AltCoin market, which has continued until today. The anticipation of a Cryptocurrency-friendly cabinet has further fueled the market. Although yesterday's events in Korea caused BTC trading prices to fall to a low of 93500, the subsequent Rebound of mainstream encryption and AltCoin can only indicate how bullish the market is currently. QCP Capital believes that there are indeed some macro risks in the short term. Concerns about inflation have led the market to reduce its expectations of US interest rate cuts to only 3 times by 2025. There are also geopolitical risks from Trump's policies towards China, Mexico, Canada, and BRICS countries. Despite the risks, it believes that the Cryptocurrency market still has the potential to rise. The Trump administration is likely to formulate Cryptocurrency-friendly policies to attract more institutional interest. It is possible for BTC to break through 100,000, and it seems more like a reality for ETH to break through ATH, rather than a dream. Respect the big pump.