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Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP Says

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“We say this because the two-year Treasury yield, which has been a reliable indicator of the market’s direction all year, is, in fact, moving in line with BTC and ETH, while the S&P 500 and Nasdaq have rallied away,” QCP said in Monday’s market update.

Read full article on Coin Desk

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