💥QCP Capital: The crypto market remains independent under the expectation of interest rate cuts.💥

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Crypto is breaking the usual rules of the game again.
Traditional markets are freezing in anticipation of interest rate cuts — cheap money has always been the fuel for growth. But Bitcoin and altcoins are increasingly showing: they are not hostages to the Fed's decisions.

QCP Capital rightly points out: news about rates influences but does not dictate the trend. Why? Because crypto is an ecosystem with its own drivers. ETFs launch new capital flows, DeFi creates alternative markets, regulation sometimes constrains and sometimes stimulates demand. And it is these factors that are often more important than any press conference by Powell.

The question is different: are we not overestimating the connection between crypto and macroeconomics? Perhaps the digital asset market is already forming its own cycle — independent, with its own logic and speed? If so, then each drop in rates will be more noise than a signal.

And here lies the main intrigue: crypto is ceasing to be a "risky asset" in the shadow of the stock market and is gradually becoming an independent class. This means that soon we will have to observe it not through the lens of the Federal Reserve, but through the lens of the crypto economy itself.