QCP: Macro Pressures and Geopolitical Risks Trigger Cross-Asset Deleveraging, Bitcoin Pulls Back Under Pressure
QCP issued a market briefing noting that amid escalating geopolitical tensions in the Middle East and a concentrated release of US macroeconomic data, global markets experienced widespread rotation into cash and deleveraging trends. The NASDAQ 100 index, gold, the US Dollar Index, and Bitcoin all declined in tandem, with Bitcoin pulling back from $84,500 to $82,800.