BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest

The crypto market, particularly bitcoin, has seen a large rally not too long ago, influenced by elements just like the SEC’s ether futures ETFs approvals and different authorities selections, QCP Capital wrote in a latest notice, highlighting that bitcoin has gained 15% within the final two weeks. Nevertheless, QCP has considerations relating to the rally’s sustainability, with shifts in demand and historic knowledge suggesting potential market downturns.