QCP: Global macro factors drive strength in the crypto market.

According to Deep Tide TechFlow news, on July 11, QCP released a briefing stating that the price of Bitcoin has surpassed $118,000, setting a new historical high. This milestone level reflects market excitement and structural strength.

The main macro factors driving the rise of cryptocurrencies include the acceleration of imports and inventory building by global manufacturers ahead of Trump's tariff policy, as well as a loose financial environment under the dominance of the U.S. Treasury. Despite the Federal Reserve maintaining high policy interest rates, the U.S. Treasury, under Bessant's leadership, implemented an "active issuance strategy" that effectively reduced interest rate volatility by issuing short-term government bonds and repurchasing long-term bonds.

At the same time, the inflow of ETF funds and the purchasing speed of listed cryptocurrency companies have outpaced the speed of token issuance and miner sell-offs. Market observers point out: "The signs of bubbles are often difficult to distinguish from the signs of mass adoption." The rise in copper prices and global stock indices has also boosted the strength of devaluation hedging assets such as gold and Bitcoin.