BlockBeats reported that on September 16, QCP Capital posted on its official channel that after breaking through the $61,000 mark last weekend, cryptocurrencies fell after Trump’s second assassination attempt. Before the Asian market opened, nearly $70 million in short positions were liquidated due to lack of liquidity, exacerbating the decline. It is worth noting that Bitcoin rose 13.8% from $58,000 to $66,000 in the same week as Trump’s first assassination attempt on July 13.
TOKEN2049 is underway, with the FOMC meeting set to take place on Wednesday (September 18), and uncertainty remains over whether the rate cut will be 25 basis points or 50 basis points. As the Fed approaches its first rate cut of this round, market tensions are increasing, amplifying the impact of any unexpected macro data. The probability of a 50 basis point rate cut has jumped to 59% from 30% last Monday. This is reflected in the increasing volatility, with Bitcoin’s implied volatility rising by 8 and Ethereum’s by 20 last Friday.
