QCP Briefing: Tariff Policy Triggers Volatility, Crypto Market Shows Resilience

ChainCatcher news, QCP released a briefing indicating that risk sentiment continues to fluctuate. Trump suddenly proposed raising EU tariffs on goods from 20% to 50%, which was then postponed to July 9, temporarily stabilizing the market. The volatility gap of BTC from June to July has compressed to below 1, suggesting that the market expects policy changes again. In terms of inflation, although oil prices have retreated, port congestion has spread from Europe to the Asia-Pacific region, which may drive up shipping costs and trigger a new round of indirect inflation.

BTC rebounded to $110,000 after dropping to $106,000 over the weekend. BlackRock's IBIT has seen net inflows for 30 consecutive days, while TQQQ Nasdaq ETF continues to experience outflows, indicating a divergence in sentiment between crypto assets and tech stocks. In an environment of policy instability, the cryptocurrency market has shown relatively mature performance.