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QCP’s daily viewpoint, cited by COINOTAG, reports that risk assets have stabilized after a volatile weekend, with stocks roughly 1.5% from recent highs and Bitcoin about 10% off its peak. The rebound is being underpinned by market pricing of cumulative 125 basis points in interest rate cuts by end-2026, according to futures contracts.
Federal Reserve Chair Powell reiterated plans for a 25 basis-point adjustment this month, which QCP says provides near-term support for risk sentiment even as a potential government shutdown delayed key labor data releases.
Gold remains a focal point, cited at $4,022/oz and up 52% year-to-date, driven by central bank reserve accumulation, declining real yields and liquidity dynamics. QCP highlights a >0.85 Bitcoin and gold correlation and robust ETF inflows—BTC ETF inflows $102.7m and ETH ETF inflows $236.2m—factors that, per QCP, support renewed risk-asset momentum.
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