QCP Capital examines the impact of macroeconomic shifts on the cryptocurrency market. Recent U.S. Labor data showed a surprising rise in jobs, sparking concerns over inflation, while speculations about interest rate cuts faded, affecting equity markets negatively.

Bitcoin has fallen to a low of 89,164 USD, the lowest level since November 2024, yet remains above key support levels of 91,000 USD. Ether holds at 3,100 USD, indicating resilience even amid market uncertainty.

The upcoming U.S. Economic reports, including the Producer Price Index and Consumer Price Index, could heavily influence cryptocurrency volatility and sentiment, as QCP warns these factors might challenge the perceived role of crypto as an inflation hedge.