Flash
QCPMarket: The cloud of war suppresses risk assets BTC resilience remains
According to QCPMarket analysis, Trump's deadline for Iran to open the Strait of Hormuz passed, and the original action was postponed, giving market risk appetite a temporary respite. BTC fell below $70,000 over the weekend, but performed stronger than previous safe-haven selling. QCP believes that with U.S. debt exceeding US$39 trillion, stagflation pressure and discussions on de-dollarization heating up, BTC may be gradually getting rid of the "high beta risk asset" pricing framework.