According to BlockBeats, QCP Capital released a report on May 6 stating that the implied volatility of the crypto market remains suppressed, with short-term volatility skew returning to neutrality, 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 weaker dollar and price in geopolitical risk premiums, including potential U.S. trade diplomatic activities.
Bitcoin may decouple from gold's safe-haven logic and re-link with a broader range of risk assets. The foreign exchange market could become an early warning signal for macroeconomic risks.
