The post QCP Capital Commented on the Markets After the FED Decision! What’s the outlook for Bitcoin and Ethereum? Here are the Details appeared on BitcoinEthereumNews.com.

Consumer Price Index (CPI) data announced yesterday triggered a significant break in risk assets. US stocks soared to all-time highs. CPI Figures Increased Market Optimism The market is currently pricing in two rate cuts for 2024. Interest rate futures point to a 56% chance of a rate cut in September, with a second cut expected in December. QCP Capital’s latest market update provides insight into the Federal Reserve’s potential actions and market impacts. The Federal Reserve’s dot plot remains uncertain, making it difficult to predict whether officials will make one or two rate cuts this year. While QCP Capital expects a rate cut in September, it predicts that the FED will adopt a wait-and-see approach for subsequent meetings in November and December. Despite the uncertainties, QCP maintains a structurally bullish outlook for the remainder of the year. This optimism is driven by the expected approval of the ETH ETF S-1 and possible interest rate cuts in September and at the end of the year. As the market continues to react to economic indicators and Federal Reserve policies, QCP Capital remains optimistic about the future of risk assets, especially Bitcoin and Ethereum. Investors are encouraged to consider strategic positioning to maximize potential gains in the evolving financial environment. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/qcp-capital-commented-on-the-markets-after-the-fed-decision-whats-the-outlook-for-bitcoin-and-ethereum-here-are-the-details/

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Filed under: News - @ June 14, 2024 1:20 am