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QCP Capital: Bitcoin Rallies Above $60,000 as Ether Struggles

Bitget2024/08/10 22:44

Bitcoin (BTC) has shown remarkable resilience, recovering quickly from Monday's sharp decline to maintain its position above $60,000, according to a weekend briefing from QCP Capital, which highlights Bitcoin's increasing integration into the mainstream macro-capital markets, which reinforces the narrative of it as digital gold. In contrast, the firm highlights a major shift in the liquidity of ethereum (ETH), raising concerns about its current market position.

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