Crypto investment company QCP In today’s market assessment, momentum traders and trend followers reported that they started using leverage again in the low liquidity environment of August. According to the company, this situation stands out as one of the important factors that accelerated the current rally in the stock markets, and this wave will soon spread to the cryptocurrency market and gold marketcan also hit.
Risk-Taking Wave Grows in Markets
According to QCP, the decrease in liquidity and the lower trading volume caused price movements to be sharper and more pronounced. According to analysts, the current conditions make the situation attractive especially for investors looking for short-term gains and provide additional momentum to the markets. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
In addition to this corporate share buybacks The rally was also cited as another strong driver. Share buybacks have totaled $1.15 trillion since the beginning of the year. Goldman Sachs’ trading unit has seen record levels of client demand, particularly during declines. The chart suggests that large investors are viewing pullbacks as buying opportunities. Institutional investorsThis strategy adopted by may continue to support the rise in the stock market.
Potential Impacts of the Current Wave on Cryptocurrencies and Gold
QCP analysts assess that the current risk-taking trend may not be limited to stocks alone. According to analysts, the cryptocurrency market and gold may also be affected by this wave. Bitcoin Increasing upward demand for (BTC) could push the price even higher. In particular, the strengthening demand for upward Bitcoin positions in the options market supports this expectation.
However, in the US, the upcoming elections continues to have an impact on the markets. Bitcoin options marketsThere are trends indicating a downward expectation in the pre-election period. There is a 6 point difference in volatility between pre-election and post-election. This shows that investors are taking positions according to the election results.
DemocratsWhile there is no cryptocurrency support in ‘s bag, Republicans They carry the promise of ending the “illegal and anti-American cryptocurrency crackdown” in their purse strings.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
