This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing catalysts. QCP highlighted that bitcoin is under bearish pressure due to potential new supply from the Mt Gox distribution, estimated at $9.6 billion, and from the DMM Bitcoin […]
Source: https://news.bitcoin.com/sleepy-crypto-market-may-get-caught-offside-qcp-capital-eyes-bullish-shift-in-ethereum/