$BTC QCP Capital: Implied volatility in the crypto market is suppressed and may face volatility shocks

AI Summary

According to BlockBeats, QCP Capital reported on May 6 that the implied volatility of the crypto market remains suppressed, with short-term volatility skew returning to neutral, and spot prices showing no clear direction.

The turmoil in the foreign exchange market corresponds with the rise in gold, as investors bet on a weakening dollar and price in geopolitical risk premiums, including potential U.S. trade diplomatic activities.

Bitcoin may decouple from the safe-haven logic of gold and reconnect with a broader range of risk assets. The foreign exchange market may serve as an early warning signal for macroeconomic risks.