Last week brought significant data releases, and the holiday week is now behind us. Despite this, uncertainties surrounding tariffs continue to linger. For months, these uncertainties have posed challenges for risk markets, feeding into the Federal Reserve’s preference to remain observant. However, this week marks a turning point as numerous tariff agreements are set to be finalized, dispelling the cloud of uncertainty. What predictions do QCP analysts offer for cryptocurrencies this week?
Cryptocurrency Market Analysis
Overall market volume experienced a decline, but a recovery is expected as the new week begins. Tariffs remain the hottest topic, with Bitcoin 
$75,226 eagerly awaiting favorable news. Despite concerns arising when $8.5 billion worth of Bitcoin moved without notice after 14 years on Friday, everyone remains hopeful.
QCP Capital experts noted in their recent analysis:
“BTC maintained stability over the long holiday and weekend, peaking at $109,700 during illiquid trading hours on Sunday, marking an all-time high weekly close.
This resistance held despite unease caused by the reactivation of eight dormant wallets moving an estimated $8.5 billion BTC on Saturday.”
Furthermore, this recovery continues even after approximately $4.3 billion BTC was sold midweek. Investors are keeping optimistic about the outlook for 2025.
“While downward flows were largely ignored, bullish narratives attracted eager buyers. Despite UAE officials debunking rumors about TON’s ‘Golden Visa’ program, widespread altcoin rallies occurred. This movement was further bolstered by Elon Musk’s theatrical display: the launch of a new political group named ‘The American Party’ and comments mocking fiat money while supporting BTC.
Strategic accumulations by players like Metaplanet and Strategy over the weekend continue to support BTC’s price action.”
Expectations for Cryptocurrencies
The first SOL ETF entered its third trading day, largely unnoticed. Upcoming hours will bring announcements of new tariff agreements, with no positive or negative news from recent EU-US tariff talks. These developments keep investors hopeful. Analysts commented:
“Volatility remains at historically low levels, but a definitive break of the $110,000 resistance might trigger a new volatility wave. Some major players seem to be positioning for this. While continuing positions on September $130,000 call options, they steadfastly hold September $115,000/$140,000 call spreads, highlighting a bullish structural outlook for the third quarter.”
Coming in September are expected series of altcoin ETF approvals, the end of summer’s trading lull, and potential interest rate cuts which keep investor appetite thriving for larger peaks.
