Crypto Trading Giant QCP Capital Expects Fed to Be Irate as Financial Conditions Ease

Crypto Trading Giant QCP Capital Expects Fed to Be Irate as Financial Conditions Ease


The dollar index, which tracks the greenback’s value against major currencies, has dropped by 11% since late September. The S&P 500, Wall Street’s benchmark equity index, has bounced 12% in three months, while the 10-year Treasury yield, has fallen by nearly 100 basis points to 3.38%. Other risk assets like bitcoin, the leading cryptocurrency, have gained over 25% this month, according to CoinDesk data. If that’s not enough, shiba inu, the self-proclaimed dogecoin killer, has rallied 35% this month and meme stock Bed Bath & Beyond has jumped 56%.

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