According to BlockBeats, on September 26, QCP Capital posted on its official channel that in the absence of US macro catalysts, BTC fluctuated between 62,000 and 64,000.
Key macro events to watch today include US GDP data and a speech from Fed Chairman Powell. The market will be watching Powell’s speech closely to see if there is any change in sentiment after last Thursday’s FOMC press conference, where further easing could be hinted at.
Last night, U.S. presidential candidate Kamala Harris reiterated her support for cryptocurrencies, promising for the second time this week to make the United States a leading force in “artificial intelligence, quantum computing, and blockchain.” She also reiterated the inclusion of “digital assets” in her economic plan.
With both US presidential candidates pledging their support for cryptocurrencies, whichever candidate is elected will be a win for the US crypto ecosystem. As central banks around the world embark on an easing cycle, the influx of liquidity is expected to drive crypto prices higher.