QCP Capital: Higher U.S. Treasury yields put pressure on Bitcoin, but still sees it as a “buy the dip” opportunity

PANews reported on April 2 that QCP Capital, a Singapore-based crypto investment institution, issued a document stating that the U.S. dollar and U.S. Treasury yields are rising, stock market trading is weak, and Bitcoin has been under pressure. If market expectations for a rate cut by the Fed continue to weaken, it is likely to see a general risk aversion leading to a sharp decline in the prices of various assets, but the agency still believes that this is a good opportunity to "buy the dip" in Bitcoin, as trading Taiwan continues to see sustained buying in long-term call options between December 2024 and March 2025 (indicating structural bullishness for Bitcoin), in addition to increasing institutional participation and demand for spot ETFs.