QCP analysis suggests that after Trump issued an ultimatum over the weekend regarding Iran and strait passage, the market briefly priced in higher geopolitical risks and suppressed risk assets. Although BTC dropped below 70,000 at one point over the weekend, it showed greater stability compared to previous risk-aversion phases. They also noted that US debt scale and new military spending expectations, along with potential stagflation risks, could put central banks in a policy dilemma, thereby enhancing BTC's appeal as a "neutral escape valve/permissionless settlement layer." If cross-border capital flows become further restricted, BTC could become one of the alternative settlement options.
QCP analysis suggests that after Trump issued an ultimatum over the weekend regarding Iran and strait passage, the market briefly priced in higher geopolitical risks and suppressed risk assets. Although BTC dropped below 70,000 at one point over the weekend, it showed greater stability compared to previous risk-aversion phases. They also noted that US debt scale and new military spending expectations, along with potential stagflation risks, could put central banks in a policy dilemma, thereby enhancing BTC's appeal as a "neutral escape valve/permissionless settlement layer." If cross-border capital flows become further restricted, BTC could become one of the alternative settlement options.