QCP Says Bitcoin Is Not Seen As Gold: This Is Not Inflation Is The Priority For The Fed! - Coin Newsletter

According to QCP Capital, the Fed's priority is no longer inflation but the risk of recession. However, while gold continues to rise in this environment, Bitcoin is not accepted as a safe haven by investors.**

According to an April 16 report from QCP Capital, the U.S. Federal Reserve's (Fed) is now focusing more on the danger of recession in order to reduce market vulnerability.** Inflation, which officials have described as "transitory", is no longer a priority, markets expect 3.5 rate cuts in 2025.

With the increase in geopolitical tensions, investors' search for safe havens has turned to gold. With rising interest rates on US Treasury bonds and the dollar's attractiveness declining, gold has become the most preferred store of value in recent times. On the other hand, it is noteworthy that Bitcoin has not been able to play the role of an "alternative store of value" expected in this period.

QCP notes that Bitcoin is not buying on safe-haven demand and that investors are still cautious. The report states that market participants are still focused on hedging against downside risks and will continue to do so until macroeconomic clarity is achieved.

This suggests that Bitcoin is struggling to compete with gold in the short term and has yet to fully regain its identity as a reserve asset in the eyes of institutional investors.