QCP Capital, them city fellas, reckon that even with the U.S. and China squabbling like a couple of alley cats over a scrap of fish, things ain’t so bad. Bitcoin, that digital gold, seems to be holding its own while the world tries to make sense of the mess.
Bitcoin, Stuck in the Mud? QCP’s Got Some Ideas. 🤔
According to them fancy folks over at
QCP Capital, the money markets, they’re just shrugging off the U.S.-China fightin’. Seems like everyone’s gettin’ used to the noise. Despite the U.S. slapping tariffs of 145% on Chinese goods and China hitting back with 125%, QCP says the market’s just yawnin’.
Them smart cookies at QCP figure these tariffs are more for show than anything else. Like a scarecrow in a cornfield, makin’ a lot of noise but not doin’ much. They see the big shots in Washington and Beijing startin’ to play nice again. After the closing bell on Friday, the big cheese himself, Trump,
quietly let off
smartphones, computers, and them fancy semiconductors from the tariff troubles.
But this peace might be a short one, says U.S. Commerce Secretary Howard Lutnick. Seems like the clock’s tickin’ again. Meanwhile, the Chinese are beggin’ the U.S. to
scrap them duties altogether. But QCP says both sides are just puffin’ out their chests, tryin’ to look tough while secretly hopin’ for a deal. In the world of crypto, they say Bitcoin’s got more folks bettin’ it’ll go down than up, at least until June. 🙄
But lookin’ further down the road, folks seem a bit more hopeful. Last Saturday, QCP saw some gamblers buyin’ up a whole heap of Bitcoin options, bettin’ it’ll hit $100,000 by March 2026. Bitcoin’s still hangin’ around the $80,000 to $90,000 mark, playin’ the
wait and see
game while the world figures out what’s what. Like watchin’ paint dry, ain’t it? 🤷♂️
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2025-04-14 18:57