QCP: Further declines in the stock market could cause Bitcoin to fall below the $75,000 support level

Planet News: QCP stated in its official channel that after the United States imposed a new round of tariffs on China, the market continued its downward trend. The total tariffs on Chinese imported goods have now risen to a staggering 104%. Market volatility remains high, with the Volatility Index (VIX) staying above 40 for the third consecutive trading day. Traditional safe-haven assets failed to perform as expected, with gold and US Treasury bonds experiencing sell-offs as investors rush to de-risk and respond to additional margin calls. Against the backdrop of deteriorating global market risk sentiment, the cryptocurrency market is showing a correction. Bitcoin is currently consolidating around $75,000 but may be further impacted by stock market declines. Ethereum is relatively weak, with its price falling to the $1,400 level, marking a new low since the beginning of 2023. In the current environment of increased market volatility, cryptocurrency yield strategies have regained market attention. High implied volatility provides opportunities for market participants to generate returns through structured trading.