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BTC $70,740.69 -2.62%
ETH $2,076.78 -2.43%
BNB $645.12 -1.41%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $457.98 -0.19%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

QCP Capital: Bitcoin will maintain an upward trend

2024-05-28 21:50:04
Collection

ChainCatcher news, according to Cointelegraph, QCP Capital believes that Bitcoin bulls need not worry about the upward trend in BTC prices. The institution emphasized the so-called "three bullish reasons" to maintain confidence in Bitcoin's future robustness, which are:

  1. The strong performance of the U.S. stock market's impact on cryptocurrencies;
  2. Political support from U.S. presidential candidates;
  3. The upcoming adoption of a spot ETH exchange-traded fund (ETF).
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