QCP Capital: The crypto market may need more significant catalysts for a major breakthrough

ChainCatcher news, QCP Capital's latest report points out that despite increased volatility in Bitcoin during Trump's speech, the market did not experience the dramatic fluctuations that options traders expected. Bitcoin remains in the range of $67,000 to $70,000, with volatility significantly decreasing. The market may need a more significant catalyst to achieve a major breakthrough, which could occur as the U.S. elections approach. Given that Bitcoin has failed to break through its all-time high, despite Trump's optimistic remarks, it is expected that Bitcoin will continue to trade within this range.