Crypto powerhouse QCP Capital remains optimistic about Q4’s market performance, highlighting key indicators that could fuel a continued rally. According to a September 28 report by BlockBeats, QCP Capital credited this week’s surge in risk assets to the People’s Bank of China’s economic stimulus and the recent 50 basis point rate cut by the U.S. Federal Reserve.
Looking ahead to next week, market indicators like JOLT, ADP, and the U.S. unemployment rate will be in the spotlight. A strong showing from these indicators could solidify the case for another 50 basis point rate cut in November, which would further boost risk assets.
QCP Capital remains confident, expecting Q4’s upward trend to continue, bringing high returns to investors. Keep an eye on those numbers next week!
