QCP: Global easing policies provide short-term support for asset prices, boosting market sentiment
ChainCatcher news, QCP Capital's analysis points out that driven by the People's Bank of China's stimulus measures, the Shanghai Composite Index (SSE) rose 4.15% today, marking a key moment for global markets. The global easing policy will continue, providing strong support for asset prices in the short term.
In terms of cryptocurrency, this widespread bullish momentum has led to a greater increase in the price of ETH relative to BTC, with ETH/BTC rising from 0.038 last Friday to 0.0415 today. The implied volatility of ETH is 9% higher than that of BTC, indicating an upward market sentiment and higher expected volatility.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags