đ QCP Asia: Tuesdayâs CPI could decide if #BTC breaks ATH
BTC has surged past $122K, erasing last weekâs drop, while ETH is up 21% in 7 days, topping $4.3K for the first time since 2021.
QCP notes BTCâs correlation with US equities remains high â a softer CPI could boost odds of a September Fed rate cut.
Sentiment stays bullish, but traders are still hedging downside risks. Key question: Can institutional inflows & spot ETF demand push BTC through major resistance?
#Bitcoin #Ethereum #CryptoMarkets