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QCP Capital: Bitcoin finds support at $65,000

QCP Capital: Bitcoin finds support at $65,000

CointimeCointime2024/10/27 05:22
By:Cointime

 QCP Capital's briefing shows that Bitcoin (BTC) found support at $65,000 and its dominance has risen to 59.75%. Although it tested a high of $69,500, it failed to break through. The net inflow of ETFs reached $997.7 million, indicating strong institutional demand. The ETH/BTC exchange rate fell below a key support level to 0.03625. The tense situation in the Middle East has affected market sentiment, and investors are paying attention to the upcoming non-farm payroll data release.

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