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- 💙 Gate Square #Gate Blue Challenge# 💙
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Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
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Post original content on Gate Square related to WXTM or its
QCP Bitcoin İçin Gözünü Cumaya Dikti: Yükseliş Mi, Satış mı Getirecek? - Koin Bülteni
Whether the Crypto Summit will be a catalyst for a rise in cryptocurrencies or trigger a new wave of selling by revealing the fragility in the market has become a matter of curiosity.
According to QCP Asia's report dated March 5, the cryptocurrency markets experienced a significant fluctuation this week, with Bitcoin rising to 94,000 dollars after (BTC) and then falling to 83,000 dollars, currently trading at around 88,000 dollars. However, the real question is whether the White House Crypto Summit will be a catalyst for a rise in cryptocurrencies, the biggest uncertainty in the market, or whether it will reveal the fragility in the market and trigger a new wave of selling.
The first White House Crypto Summit, which will take place this Friday, has created a great deal of anticipation in the markets. However, QCP emphasizes that there is no executive order, funding commitment, or Congressional support yet**, creating uncertainty in the market. For investors, this meeting is an asymmetrical event, which means that it will either be a major catalyst that will push the market up, or it will expose the fragile nature of the crypto market, paving the way for a larger decline.
Macroeconomic developments are among the most important factors affecting the market. QCP indicates that the Atlanta Fed's GDP forecast being revised to -2.8% has increased stagflation concerns and further rattled the markets. In addition, the non-farm payroll (NFP) data to be released this week (NFP) and the inflation (CPI) report coming next Wednesday (CPI) will be decisive for the market direction.
QCP highlights that cryptocurrency market continues to show high correlation with stocks in light of all these developments and emphasizes that price movements are sensitive to macroeconomic developments. Will this peak really be the spark of an unexpected rise, or will it trigger a new selling wave in the market? The answer to this question will begin to clarify on Friday.