Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
QCP: BTC stabilizes after fluctuations, institutional support remains strong

QCP: BTC stabilizes after fluctuations, institutional support remains strong

ChaincatcherChaincatcher2025/09/23 02:39
Show original

ChainCatcher reported that QCP released a briefing stating that the crypto market experienced a large-scale liquidation yesterday, with over $1.7 billions in leveraged positions liquidated. The market is currently showing signs of stabilization, with BTC holding above $112,000 and ETH near $4,100. The Altcoin Season Index has dropped sharply to 65, while BTC market dominance has risen to 57%, indicating a capital flow back into Bitcoin.

Despite short-term weakness, institutional sentiment remains positive, with spot ETF continuing to record capital inflows. Traders have started positioning for October (historically the strongest month for BTC), with active demand for $120,000-$125,000 call options. This week, Powell's speech and the core PCE data will be key market focuses.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!