QCP: Strong US Jobs Data Shifts Market Focus to Inflation and Fed Policy
QCP reported that stronger-than-expected US non-farm payroll data has eased recession fears but shifted market focus toward inflation trends and the upcoming September Federal Reserve meeting. Bitcoin and Ethereum face resistance at $80,000-$82,000 and $2,500 respectively, while spot Bitcoin ETFs saw $770 million in net inflows between September 1 and 4, indicating continued institutional participation.
Summaries are written by AI from the original article. Not investment advice.