QCP: This Week's CPI Release and US Stock Earnings Season May Impact Risk Sentiment, BTC Short-Term Price Likely to Consolidate

BlockBeats News, July 13th, QCP analysis pointed out that the crypto market started the week without a clear direction, and the market will focus on Tuesday's US CPI data and Fed Chair Warsh's congressional testimony to assess the interest rate path.

At the same time, the US Q2 earnings season will be kicked off by large banks. Institutional adoption and ETF demand still support the crypto market, but until a clear macro catalyst emerges, BTC may continue to trade sideways.